Bitdeer
The Singapore-based firm plans to list on the Nasdaq after the deal closes in the first quarter of next year. The combined company will be renamed Bitdeer Technologies Group. Upon completion, founder and chair Jihan Wu will retain control of the firm. The transaction was unanimously approved by the boards of the two companies.
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- Bitdeer Technologies Holding
- Bitdeer Introduces the Web 3.0-focused HNS as the Platform's Latest Offering
- Bitdeer to go public via SPAC merger valuing the bitcoin mining company at $4 billion
- Bitdeer Cloud mining service Review and Profitability Calculation Estimate
- Bitcoin Miner Bitdeer Set To Go Public Via $4 Bln SPAC Deal
- Bitdeer Group, the Premier Digital Asset Mining Service Provider
Bitdeer Technologies Holding
A leading technology company helping the cryptocurrency mining community is going public with a SPAC deal announced Thursday. The company plans to list as Bitdeer Technologies Group on the Nasdaq with a to-be-announced ticker.
The deal is expected to close in the first quarter of About Bitdeer: Headquartered in Singapore, Bitdeer is a company dedicated to helping the cryptocurrency mining community. Services provided include miner procurement, transport logistics, mining datacenter design and construction, mining machine management and daily operations.
The management team has extensive experience in the cryptocurrency space, according to the press release. The company works with over three million users in countries, according to the release.
Blue Safari said they're taking Bitdeer public as they see the company being a leader in the sector. The company offers support for over 10 cryptocurrencies and has plans to add more in the future. Click here for options trades from Benzinga.
The deal is an advance purchase agreement between Novavax and Israel's Ministry of Health. In its press release on the matter, Novavax wrote that it "will work with the Ministry of Health to obtain the necessary authorizations and finalize plans for distribution in Israel pending regulatory approval.
Jim Cramer has never been shy to use buzzers and bells to make the occasionally esoteric world of finance more interesting. The stock market was having a generally strong day on Friday, with all three major averages in the green, led by the tech-heavy Nasdaq.
There are a couple of reasons Affirm is such an outperformer today. Yahoo Finance's Julie Hyman and Brian Sozzi discuss the market open, why Chevron shares are down, and Caterpillar warning of rising costs in its earnings call. Investors may soon be able to preserve their retirement war chest for longer. Announcing a new Fortune customer was all it took for Knightscope to boost its shares well past their public offering price. The beginning of has not been kind to the stock market. Major indices are down, inflation is up, and […].
The addition of Xilinx is an important growth catalyst for AMD. While a rebound in technology stocks certainly added fuel to its ascent, the e-commerce platform provider was also on the receiving end of positive commentary from not one, but two Wall Street analysts. Yahoo Finance's Brian Sozzi discusses Rivian and where analysts see the stock going from here. Not all capital gains are treated equally.
The tax rate can vary between short-term and long-term gains. Learn about both types in this tax guide. Stocks traded mixed Friday morning as investors took in earnings results from some major tech companies and another hot print on inflation at the end of another volatile week. Just as a good tv series always leaves you with a cliffhanger, 3M NYSE: MMM earnings report left investors wondering just where the company might be heading in Full-year organic sales growth came in at 8. The central bank staved off a downturn that could have been far worse than the quick recession and correction we saw in Markets closed.
Dow 30 34, Nasdaq 13, Russell 1, Crude Oil Gold 1, Silver Vix CMC Crypto FTSE 7, Nikkei 26, Read full article. More content below. Chris Katje. In this article:. Story continues. Recommended Stories. Motley Fool. Yahoo Finance Video. American City Business Journals. Insider Monkey. Yahoo Finance.
Bitdeer Introduces the Web 3.0-focused HNS as the Platform's Latest Offering
LeBron James is the latest athlete to embrace cryptocurrency. James is the latest of a growing list of athletes to get involved in the crypto space, following other stars like Odell Beckham Jr. Bloomberg A group of Democratic lawmakers led by U. The letters also went to Stronghold Digital Mining Inc. The miners have operations across the U.
Bitdeer to go public via SPAC merger valuing the bitcoin mining company at $4 billion
United States. Washington, D. Form 8-K. Current Report. Pursuant to Section 13 or 15 d of the. Securities Exchange Act of January 28, Date of Report Date of earliest event reported. Blue Safari Group Acquisition Corp.
Bitdeer Cloud mining service Review and Profitability Calculation Estimate
It is committed to convenience, user satisfaction, and reliability, in addition to giving back to the local communities where it operates. Bitdeer Group views community engagement as a top priority. These opportunities give Bitdeer a platform to actively solve problems in the community while building a better future for its employees as well as their friends and families. Bitdeer Group is enthusiastic to contribute in any way it can, from financial donations to facilitating educational programs and expanding career opportunities. Most recently, Bitdeer's community contributions include sponsoring the University of Wyoming WyoHackathon and making a critical donation to the Rockdale Volunteer Fire Department.
Bitcoin Miner Bitdeer Set To Go Public Via $4 Bln SPAC Deal
Provider of digital asset mining service intended to provide users with a full range of mining solutions. The company's cloud-based platform offers traceable computing capacity, direct mining payouts, and customizable service plans, thereby enabling global users to generate cryptocurrencies at their origin points. What you see here scratches the surface. This information is available in the PitchBook Platform. Growth Rate. Size Multiple.
Bitdeer Group, the Premier Digital Asset Mining Service Provider
Argo blockchain vs mara. Class A: 2. Nasdaq:RIOT : While bitcoin and other cryptos have pulled back in recent days, they have still generated incredible returns in the past year. After hitting a high on Feb 16th week, it has sold off the last 4 weeks on decreasing volume. We are focused on expanding our operations by increasing our Bitcoin mining hash rate and infrastructure capacity.
As a result of the transaction, the combined company is expected to be renamed Bitdeer Technologies Group and remain a publicly listed company on the Nasdaq Stock Market. The transaction, which is expected to be completed in the first quarter of , is subject to, among other things, regulatory approvals, the approval by Blue Safari's shareholders of the transaction and satisfaction or waiver of other customary closing conditions. Blue Safari Group Acquisition Corp. Bitdeer is a technology company for the cryptocurrency mining community headquartered in Singapore.
Eight Democratic members of Congress on Thursday wrote to major cryptocurrency-mining companies for information on their energy usage and its potential effects on climate change. The House and Senate members noted that estimates of the power consumption associated with bitcoin increased more than threefold between and The energy consumption is roughly equivalent to that of Washington state or the entire nation of Denmark, according to a September analysis by The New York Times. Members who signed the letter included Democratic Sens. Elizabeth Warren Elizabeth Warren Democrats press cryptomining companies on energy consumption Ocasio-Cortez: Supporting Sinema challenge by someone like Gallego would be easy decision Over 80 lawmakers urge Biden to release memo outlining his authority on student debt cancellation MORE Mass. Katie Porter Calif.
Singapore-based crypto mining firm Bitdeer announced in November that it will go public by merging with blank check company Blue Safari Group Acquisition Corp. Other major crypto mining firms such as Core Scientific and Primeblock are also set to go public in Last year, four out of the seven crypto public listings were Bitcoin mining firms, including Greenidge Generation, Cipher Mining, Stronghold Digital Mining, and Terawulf, according to a report from Arcane Research. Unlike crypto trading, which speculates on the price movement, large-scale crypto mining generally logs eye-popping profits and growth. The series of listings signifies broader market interest and strong institutional demand for crypto.
Nasdaq: BSGA Blue Safari , a publicly traded special purpose acquisition company SPAC , on the proposed business combination transaction through Cayman statutory merger with Bitdeer Technologies Holding Company Bitdeer , a world-leading technology company for the cryptocurrency mining community. The parties have entered into a definitive merger agreement on 18 November With our substantial experience and expertise in the area, we are committed to provide excellent service to our clients throughout the SPAC formation, listing and de-SPAC phases.
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