- Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million.
- Freeport was originally built for S$100 million and the latest acquisition by Bitdeer paid off a significant amount of debt to creditors like DBS and the vaults former owner Yves Bouvier.
- The sources do not disclose what Bitdeer aims to do with the facility, but following the initial report, Jihan Wu confirmed the Freeport purchase with the Bloomberg authors via text.
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
