Crypto News

The Acquisition The crypto community was buzzing with excitement as Bitdeer Technologies Group announced its latest acquisition of Desiweminer. This strategic move solidifies Bitdeer's position as a major player in the crypto ASIC design landscape and sets the stage for future growth and innovation. About Desiweminer Desiweminer, known for its cutting-edge ASIC design and production, has been a prominent name in the crypto industry since its inception. Their expertise in developing high-performance mining hardware has earned them a loyal following and established them as a key player in the market. The Agreement The acquisition agreement, which was finalized on June 3, 2024, involved the exchange of 20 million Bitdeer shares. This strategic move not only strengthens Bitdeer's financial position but also brings together two leading players in the industry, paving the way for future collaboration and growth. Transfer Restrictions and Vesting Period As part of the agr...