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Bitdeer Announces New US$20,000,000 Share Repurchase Program

Feb 28, 2025over 1 year ago

Contract Type

agreement

SingaporeInformation Technology

Description

Bitdeer Technologies Group announced a new share repurchase program to repurchase up to an additional US$20,000,000 worth of its Class A ordinary shares. The program is effective from February 28, 2025 through February 28, 2026.

Company Information

Company

Bitdeer Technologies Group

Location

Singapore

About

Bitdeer Technologies Group (Nasdaq: BTDR) is a leader in the blockchain and high-performance computing industry. It is one of the world’s largest holders of proprietary hash rate and suppliers of hash rate. Bitdeer is committed to providing comprehensive computing solutions for its customers. The company was founded by Jihan Wu, an early advocate and pioneer in cryptocurrency who cofounded multiple leading companies serving the blockchain economy. Matt Linghui Kong, the CEO of Bitdeer Group, provides leadership through deep industry knowledge and technological expertise.

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