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The Coin Rise
2022-09-28 09:23:11

Bitdeer to launch fund aiming to buy assets from distressed miners

Bitdeer to launch fund aiming to buy assets from distressed miners

Renowned Chinese crypto billionaire Jihan Wu is reportedly creating a $250 million fund to purchase distressed assets from Bitcoin miners as the sector struggles to recover from this year’s sharp decline in the price of digital currencies. According to a recent report by Bloomberg, Wu’s Bitdeer Technologies Holding Co. intends to contribute $50 million as […]The post Bitdeer to launch fund aiming to buy assets from distressed miners appeared first on Blockchain, Crypto and Stock News.

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