Bitdeer Acquires Canadian Power Project in $21.7M Deal

February 12, 2025

Catenaa, Tuesday, February 11, 2025 – Bitcoin mining firm Bitdeer has acquired a 101-megawatt power project in Alberta, Canada, for $21.7 million, marking a significant expansion in its mining operations.  The Nasdaq-listed company said Tuesday that the newly acquired site, located near Fox Creek, Alberta, spans 19 acres and includes existing permits and licenses. Bitdeer […]

Matrix Finance Offers $200M Credit to Bitdeer Mining Unit

May 3, 2025

Catenaa, Saturday, May 03, 2025-Bitdeer Technologies Group has secured a $200 million credit facility from Matrix Finance to expand its global Bitcoin mining operations, the company announced Monday.  Bitdeer, chaired by former Bitmain CEO Jihan Wu, has already drawn $43 million from the facility as of April 21. The loans carry a variable 9% interest […]