Bitdeer transforms its own mining business to compete with customers
2025-10-09 18:36:14
According to Bloomberg, Nasdaq-listed company Bitdeer Technologies Group (Bitdeer), under the leadership of founder Jihan Wu, is transforming from a mining machine manufacturer to a large self-operated bitcoin miner. The company disclosed in its latest filing that its self-operated mining computing power has increased fourfold compared to last August, with the goal of ranking among the top five crypto miners in the world. This means that Bitdeer is competing directly with its customers to cope with the market environment of slowing demand for mining machines.
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