PANews reported on April 22 that Bitdeer raised $179 million through loans and equity financing to accelerate its Bitcoin ASIC manufacturing business. The company reached a loan agreement with Matrixport for up to $200 million and obtained a $17 million unsecured loan in January. In addition, Bitdeer raised $118.8 million through the issuance of shares. The funds will be used to expand ASIC manufacturing and internal chip development to challenge companies such as Bitmain and MicroBT. In 2024, Bitdeer earned approximately $147 million in gross profit from mining and hosting operations, and invested heavily in the production of SEALMINER series chips.
According to previous news, Bitdeer produced 38.7 BTC this week, sold 16.9 BTC, and still holds 1212.2 BTC .
