[THE BLOCK] Jihan Wu's Matrix Finance offers $200 million credit facility to Jihan Wu's Bitdeer Bitcoin mining operation $BTDR $BTC
๐๐ฟ๐๐ฝ๐๐ผ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ: ๐๐ถ๐๐ฑ๐ฒ๐ฒ๐ฟ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ฒ๐ $๐ฒ๐ฌ๐ , ๐๐ง๐ฃ๐ ๐ฅ๐ฒ๐ฐ๐ผ๐๐ฒ๐ฟ, ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ ๐ฝ๐น๐ผ๐ฟ๐ฒ๐ ๐๐ฎ๐ป๐ธ ๐๐ต๐ฎ๐ฟ๐๐ฒ๐ฟ ๐จ Bitdeer secures $60M to boost Bitcoin ASIC production while cryptocurrency ETPs show recovery signs! Plus, https://t.co/ZU9H9u2RBc
[COINTELEGRAPH] Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate $BTDR $BTC


Bitdeer, a digital asset mining service provider, has secured a $60 million loan from Matrixport to enhance its production of Bitcoin ASIC miners. This financing comes as Bitcoin's network hash rate reaches a record high, prompting Bitdeer to accelerate its self-mining operations in the United States. Additionally, Matrix Finance, affiliated with Jihan Wu, has extended a $200 million credit facility to Bitdeer's Bitcoin mining operations, further supporting the company's expansion efforts amid a recovering cryptocurrency market.