Bitdeer is establishing a $250 million fund to purchase distressed assets from Bitcoin miners

Chain Catcher news, according to Bloomberg, Wu Jihan's cryptocurrency mining platform Bitdeer is setting up a fund with a scale of $250 million, aimed at purchasing distressed assets from Bitcoin miners.

Earlier, Chain Catcher reported that Bitdeer spent 40 million Singapore dollars (approximately $28.4 million) to acquire the high-security storage facility Le Freeport in Singapore. (Source link)