{"id":19801,"date":"2023-04-13T07:57:32","date_gmt":"2023-04-13T07:57:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-miner-bitdeer-technologies-to-list-on-nasdaq-via-spac-deal-bitcoin-news\/"},"modified":"2023-04-13T07:57:32","modified_gmt":"2023-04-13T07:57:32","slug":"bitcoin-miner-bitdeer-technologies-to-list-on-nasdaq-via-spac-deal-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-miner-bitdeer-technologies-to-list-on-nasdaq-via-spac-deal-bitcoin-news\/","title":{"rendered":"Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal \u2013 Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company (SPAC) deal with Blue Safari Group, as noted in the business combination filing.<\/strong><\/p>\n

Bitdeer to Be Publicly Listed on Nasdaq Under the Ticker Symbol BTDR<\/h2>\n

A Singaporean company, Bitdeer Technologies Holdings<\/a>, founded in 2018 by former Bitmain CEO Jihan Wu, plans to go public and be listed on the Nasdaq stock exchange on April 14, 2023, according to a recently published filing<\/a> with the U.S. Securities and Exchange Commission (SEC). The firm will use the ticker symbol \u201cBTDR.\u201d Bitdeer operates mining farms in Europe and North America and has strategic partnerships with mining pools including Btc.com, Viabtc, Foundry USA, Antpool, F2pool, and Btc.top.<\/p>\n

In September of last year, Bitdeer established a $250 million fund<\/a> to purchase assets from distressed bitcoin miners. Also in September, the company acquired<\/a> Singapore\u2019s Le Freeport storage facility, also known as \u201cSingapore\u2019s Fort Knox.\u201d According to the latest filing with the SEC, the company has reached a SPAC deal with Blue Safari Group. Shareholders of Blue Safari approved the deal at an extraordinary general meeting on April 11, 2023.<\/p>\n

\u201cToday marks a significant milestone for Bitdeer, leaving us poised to list on the Nasdaq and equipped to seize the growth opportunities ahead of us,\u201d Linghui Kong<\/a>, the CEO of Bitdeer said in a statement. \u201cI am incredibly proud of what we have achieved so far, and look forward to embarking on the next chapter of our journey. We are already a leading hash rate supplier, and our public listing will allow us to make even greater contributions to the crypto economy.\u201d<\/p>\n

Since 2021, publicly listed bitcoin mining companies have become a fixture on traditional stock exchanges. However, many of these firms experienced significant declines in their shares during 2022. In contrast, 2023 has been a better year for bitcoin mining companies, as the price of bitcoin (BTC)<\/a> has risen 80% since the last day of December and 36.3% over the last 30 days. Over the past week, shares of publicly listed bitcoin mining firms such as Riot Blockchain, Bitfarms, Marathon Digital, and Cleanspark have increased in value against the U.S. dollar.<\/p>\n

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Antpool<\/a>, Assets<\/a>, Bitcoin<\/a>, Bitdeer Public<\/a>, Bitdeer SPAC deal<\/a>, Bitdeer Technologies Holdings<\/a>, Bitfarms<\/a>, Blue Safari Group<\/a>, BTC.com<\/a>, BTC.TOP<\/a>, ceo<\/a>, Cleanspark<\/a>, contributions<\/a>, crypto economy<\/a>, decline<\/a>, Distressed Miners<\/a>, F2Pool<\/a>, Foundry USA<\/a>, growth<\/a>, Hash rate<\/a>, increase<\/a>, Jihan Wu<\/a>, journey<\/a>, Le Freeport<\/a>, Linghui Kong<\/a>, Marathon Digital<\/a>, market<\/a>, mining<\/a>, Mining Pools<\/a>, nasdaq<\/a>, opportunities<\/a>, Price<\/a>, publicly listed<\/a>, Riot Blockchain<\/a>, shares<\/a>, Singapore<\/a>, SPAC<\/a>, stock exchanges<\/a>, storage facility<\/a>, strategic partnerships<\/a>, traditional<\/a>, ViaBTC<\/a><\/div>\n<\/div>\n

What do you think about the recent surge in bitcoin prices and its impact on the publicly listed bitcoin mining firms? Do you think Bitdeer Technologies Holdings\u2019 decision to go public via SPAC deal with Blue Safari Group is a wise move? Share your thoughts in the comments section below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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