Bitdeer Technologies Group to Merge and Start Trading on NASDAQ

04/12/2023 02:44 • Tech Trends • 107 views

On April 12th, it was announced that Bitdeer, a mining company under Wu Jihan, had approved their previously announced merger at the Blue Safari extraordinary shareholders’ meeting on April 11th. The merger is expected to be completed on April 13th, 2023. After completion, Bitdeer Technologies Group will continue to serve as the merged company, and its shares are expected to start trading on NASDAQ on April 14, 2023, under the stock code “BTDR”.

Bitter Deer, a mining company under Wu Jihan, will go public on NASDAQ on April 14th

As technology continues to evolve, one sector that has seen considerable growth is the world of cryptocurrencies. With the increase in demand, companies have emerged that specialize in the mining and trading of these digital assets. One such company is Bitdeer. On April 12th, it was announced that Bitdeer, a mining company under Wu Jihan, had approved their previously announced merger at the Blue Safari extraordinary shareholders’ meeting on April 11th. The merger is expected to be completed on April 13th, 2023. After completion, Bitdeer Technologies Group will continue to serve as the merged company, and its shares are expected to start trading on NASDAQ on April 14, 2023, under the stock code “BTDR”.

What is Bitdeer?

Before we dive into the details of the merger, let’s first take a look at Bitdeer. Bitdeer is a mining platform that allows users to mine cryptocurrencies without having to buy and maintain their own hardware. The company was founded in 2018 and has since become one of the most popular mining platforms in the industry. Bitdeer prides itself on providing users with a reliable and efficient platform to mine cryptocurrencies.

The Merger

With the approval of the merger at the Blue Safari extraordinary shareholders’ meeting, Bitdeer will merge with an as-yet-unnamed company. After the merger, the company will operate under the name Bitdeer Technologies Group. The merger is expected to be completed on April 13th, 2023. After completion, Bitdeer Technologies Group will continue to serve as the merged company, and its shares are expected to start trading on NASDAQ on April 14, 2023, under the stock code “BTDR”.

Benefits of the Merger

The merger is expected to bring significant benefits to Bitdeer Technologies Group. By merging with another company, the new company will have access to a wider range of resources, including human resources, technology, and financial backing. This will enable the company to expand its operations and improve its services to customers.

What does the Merger Mean for Customers?

Customers who use Bitdeer’s mining platform can expect to benefit from the merger in several ways. With access to a wider range of resources, Bitdeer will be able to expand its platform, introduce new features, and improve the overall user experience. Additionally, the company will be better equipped to provide reliable and efficient mining services to its customers.

The Future of Bitdeer Technologies Group

Bitdeer Technologies Group is poised to become one of the leading companies in the cryptocurrency industry. With the completion of the merger and the start of trading on NASDAQ, the company will have access to a wider range of investors and resources, enabling it to expand its operations and improve its services to customers. The future looks bright for Bitdeer Technologies Group, and it will be exciting to see how the company continues to evolve in the years to come.

Conclusion

Bitdeer Technologies Group’s merger is an exciting development for the cryptocurrency industry. With access to a wider range of resources, the new company is poised to become one of the leading players in the industry. Bitdeer’s reliable and efficient mining platform has already earned it a reputation as one of the top companies in the industry. With the merger and the start of trading on NASDAQ, Bitdeer Technologies Group is set to take things to the next level.

FAQs

1. What is Bitdeer?
Bitdeer is a mining platform that allows users to mine cryptocurrencies without having to buy and maintain their own hardware.
2. What does the merger mean for customers?
Customers who use Bitdeer’s platform can expect to benefit from access to a wider range of resources, enabling the company to expand its services and improve the user experience.
3. When will Bitdeer’s shares start trading on NASDAQ?
Bitdeer’s shares are expected to start trading on NASDAQ on April 14, 2023.

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