Bitdeer invests the production of ASIC in bitcoin mining

Current currency mining company Bitdeer Recently got funding 60 million dollars In order to expand production Asik to Bitcoin Mining and strengthening it Self -promotion Operations.

This happens at a time when competition in the sector is increasingly fierce. This investment comes in a context where Bitcoin network fragmentation It reached unprecedented levels, which prompted pressure on the margins of mine workers.

Financing It was secured by a loan agreement with MatrixportA subsidiary company founded Jihan WooThe current Chairman of the Board of Baytir.

Credit line, which can reach 200 million dollarsSecure by royal bodies SEALMINER It includes a variable interest rate 9 %In addition to market standards.

As of April 21, Bitdeer had already drew 43 million dollars From this line of credit.

Bitdeer: Capital injection to enhance ASIC production to extract bitcoin

The new financing adds to a series of financial operations already carried out by Bitdeer during 2024.

In January, the company obtained A loan is not guaranteed of $ 17 million. On the other hand, during the year it raised 572.5 million dollars during Transfer bonds.

Moreover, it released more Six million sharesAlmost lift 119 million dollars From the markets of bull and bear.

These financial moves indicate a clear intention to unify their position in Mining sector. Even at a time when profitability is tested severely by external factors such as the increase in retail and the decrease in Transaction fees.

In February 2025, Bitdeer acquired an energy project 101 MW (MW) in Fox Crickin Alberta. All this for value 21.7 million dollars in cash.

The site, which contains all necessary permits for construction, has a network connection 99 megawatts And the possibility of expanding even 1 GB.

The power plant will be developed in cooperation with EPC A partner is expected to work before The fourth quarter of 2026.

In March, bought bitdeer as well 40 megawatts to Fabric mining containers with liquid from saiheatIncreasing its infrastructure.

In response to the low demand for devices from other industry operators, Bitdeer decided to focus decisively on Self -promotion and Internal production In the United States.

according to Jeff LapergThe head of the capital market and the strategic initiatives of the company, the priority for the future will be exactly the expansion of the mining operations run by Bitdeer directly.

This strategic choice aims to reduce dependence on devices sales and increase direct control over bitcoin production, in a context in which competition between miners is constantly growing.

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Share re -purchase program

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An additional signal of financial hardness and confidence in its future is represented Arrows re -purchase program to 20 million dollars. It was launched on February 28, 2025 It is valid until February 2026.

To date, Bitdeer has reshaped it 1,056,500 category arrows aFor almost a total value 12 million dollars.

The expansion of Bitdeer occurs at a time Bitcoin network fragmentation I reached a record 1 segmentation in a second In April, according to data from bitinfocharts.

This data indicates an increase in the grievistic computing power of the network, due to the introduction of new miners or the adoption of more powerful machines.

However, higher humiliation also leads to greater competition to solve blocks. Thus reducing the chances of success for each worker individual mine, and therefore Total profitability.

In addition to the growing competition, miners must face another obstacle: Low transaction fees.

Currently, the average fee for bitcoin treatment is present $ 1. Therefore, it is much lower compared to $ 16 It was registered in April of the previous year, according to the data from Ycharts.

This combination of High fragility and Low fees Many public mines have been forced to sell 40 % BTC production In March. This means, the highest level since the end of 2024.

Some companies, including celland bitfarmsAnd Ionic digitalEven I sold more than 100 % of their monthly production. This is a clear sign of the economic difficulties that the sector suffers from.

Bitdeer is preparing for the future of mining

Despite the challenges, Bitdeer puts itself strongly to address the future of bitcoin mining.

Through a strong financial base, the targeted investments in the energy infrastructure, and the increasing focus on self -mining, it seems that the company intends to enhance its role as a pioneer in this sector.

In a constantly sophisticated environment, where operational efficiency and access to low -cost energy become increasingly to decisive, Bitdeer aims to transform market difficulties into growth opportunities.