Fresh backing as Bitdeer eyes 40 EH/s target
Construction at Ohio site paused for HPC and AI exploration
Bitdeer draws $43M from a new $200M loan facility with Matrixport
Tether steps in as Bitcoin mining stocks tumble
Bitdeer noted a significant slowdown in mining rig demand
Will redirect 7 EH/s of the A2s previously allocated for customers to proprietary mining
Bitdeer paid $58 million in Q4 to TSMC for the tape-out of A3
The market capitalization of major mining stocks dropped to a local low of $23 billion last week
Hashprice drops below $50/PH/s, reaching $46/PH/s on Friday
Bitdeer's stock price dropped 29% on Tuesday alone
CEO Jihan Wu makes 10b5-1 trading plan for up to 4 million Bitdeer shares
Bitdeer has 21.7 EH/s of hashing power under its management as of December