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.
