Bitdeer raises $179 million to drive Bitcoin ASIC manufacturing business

Bitdeer has raised $179 million through loans and equity financing to accelerate its Bitcoin ASIC manufacturing business. The company reached a loan agreement of up to $200 million with Matrixport and obtained an unsecured loan of $17 million in January. In addition, Bitdeer raised $118.8 million through issuing stocks. 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 its mining and custody businesses and invested heavily in the production of the SEALINER series of chips. Earlier news, Bitdeer： This week, 38.7 BTC were produced, 16.9 were sold, and 1212.2 BTC are still held.