Bloomberg: Bitdeer is in talks for about $100 million in financing with a private credit firm

ChainCatcher news, according to Bloomberg citing informed sources, blockchain and high-performance computing technology company Bitdeer Technologies Group (NASDAQ: BTDR) is in talks for approximately $100 million in financing with a private credit firm.

Informed sources stated that the company is working with financial advisors to raise funds for projects such as expanding its Bitcoin mining capacity. These individuals requested anonymity due to the private nature of the matter.

It is reported that negotiations are ongoing, and the details of the financing may change. A spokesperson for Bitdeer declined to comment.