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Bloomberg: Bitdeer Is Negotiating With Private Lenders For $100 Million In Financing

Mary Liu

Summary: According to Bloomberg, citing people familiar with the matter, Wu Jihan’s Bitcoin mining company Bitdeer is negotiating with private credit companies for $100 million in financing. Bitdeer is working with a financial adviser to raise funds, and the new funds will be used to increase its computing power and expand its business, people familiar with ...

According to Bloomberg, citing people familiar with the matter, Wu Jihan’s Bitcoin mining company Bitdeer is negotiating with private credit companies for $100 million in financing.

Bitdeer is working with a financial adviser to raise funds, and the new funds will be used to increase its computing power and expand its business, people familiar with the matter said. Negotiations are ongoing and financing details may change.