[Bitdeer Transitions to Self-Mining Business, Competing with Clients] According to a report by Jinse Finance, citing Bloomberg, Nasdaq-listed company Bitdeer Technologies Group (Bitdeer), led by founder Jihan Wu, is transitioning from a mining hardware manufacturer to a large-scale self-operated Bitcoin mining enterprise. In its latest filings, the company disclosed that its self-mining hash rate has quadrupled since August last year, with the goal of ranking among the world's top five crypto mining companies. This indicates that Bitdeer is now directly competing with its clients to address the slowing demand for mining hardware in the market.