Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners

Bitcoin.com | Sep 28, 2022 at 6:30 AM
  • Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners.
  • Bitdeer is a crypto mining operation backed by former Bitmain CEO Jihan Wu and the company just recently purchased a large-scale vault in Singapore.
  • Bitdeer’s CEO Matt Kong sees opportunities on the horizon.