Sep 28, 2022 The company will start its acquisition plans with a $50 million investment and aims to raise an additional $200 million from outside investors like family offices, venture capital firms...
Sep 28, 2022 Digital mining company Bitdeer Technologies Holdings, led by crypto-billionaire Jihan Wu, is attempting to raise US$200 million from outside investors to buy discounted hardware despite strong headwinds for the mining industry and an icy outlook from Wall Street.
Sep 27, 2022 Crypto billionaire Jihan Wu the founder of bitcoin mining rig maker Bitmain is setting up a $250 million fund to purchase distressed assets from mining firms, Bloomberg reported...
Sep 28, 2022 The company will invest $50 million in a junior tranche and raise another $200 million from outside investors. Jihan Wu, the Chinese billionaire who co-founded the Bitmain crypto mining company, will be launching a $250 million fund aimed at miners through Bitdeer.
Dec 23, 2021,04:15am EST. Wu gives a rare interview to discuss his latest ventures, his departure from mining giant Bitmain and the future of the crypto market. C ryptocurrencies were born to...
Jun 7, 2018 The Chinese company has been shrouded in secrecy since its founding five years ago, but Wu is gradually lifting the veil and revealing clues about his personal wealth as he pursues an...
Chinese crypto billionaire Jihan Wu is setting up a $250 million fund to buy distressed assets from Bitcoin miners, as the industry reels from this years steep drop in digital-asset prices. Wus Bitdeer Technologies Holding Co. plans to invest $50 million as part of a junior tranche, meaning the firms investment will be first at risk if ...
Nov 3, 2020 Crypto Billionaire Jihan Wu Aims To Raise $200 Million To Purchase Assets From Struggling Bitcoin Miners Mining company Bitdeer is launching a fund to purchase equipment on the...
May 6, 2022 Matrixport. Jihan Wu, a 36-year-old billionaire, cofounded a crypto finance firm and bitcoin mining chip giant. Wu told Insider how he made his fortune in crypto and his thoughts on bitcoin...
By David Pan. September 27, 2022 at 5:43 AM PDT. Listen. 2:41. This article is for subscribers only. Chinese crypto billionaire Jihan Wu is setting up a $250 million fund to buy...
Aug 2, 2021 News. Join us on social networks. Jihan Wu became a prominent name in crypto after co-founding Bitmain Technologies in 2013 and taking it public in 2018. His latest venture, Matrixport,...
Jihan Wu (Chinese: ; born 1986) is a Chinese billionaire cryptocurrency entrepreneur. Together with Micree Zhan, he co-founded Bitmain in 2013, which has become the world's largest computer chip company for bitcoin mining, with US$2.5 billion in revenue in 2017.
Jun 8, 2018 The Ledger. A Sit-Down With Billionaire Bitcoin Mining Mogul Jihan Wu of Bitmain. BY Robert Hackett. June 8, 2018, 1:52 PM PDT. Sitting down with Jihan Wu, one gets the sense that the...
Nov 25, 2022 The firm sees $5 billion in monthly trading volume, counts $10 billion in assets under management and custody, as well as $700 million in outstanding loans, according to its website.
Mar 4, 2020 1:36. This article is for subscribers only. Matrixport, the crypto-finance venture founded by Bitmain Technologies Ltd. s billionaire chief Wu Jihan, is seeking to raise $40...
He also supports Bitcoin Unlimited, a project that aims to increase BTC block size and reduce congestion. Wus company Bitmain also oversees several BTC mining pools including Antpool, BTC.com and ConnectBTC; collectively, they hold the largest hashrate distribution.
Nov 18, 2021 Bitdeer Technologies Holding Co., the Singapore-based Bitcoin mining company controlled by Chinese billionaire Jihan Wu, is merging with Blue Safari Group Acquisition Corp. in an estimated...
Nov 4, 2020 Crypto Billionaire Jihan Wu Aims To Raise $200 Million To Purchase Assets From Struggling Bitcoin Miners Mining company Bitdeer is launching a fund to purchase equipment on the cheap. By Emily ...
SINGAPORE, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (Bitdeer or the Company), a world-leading technology company for blockchain and high-performance...
Published Fri, Jan 27, 2023 7:18 pm. Jihan Wu, the co-founder of crypto-miner Bitmain Technologies, spun Matrixport off from Bitmain in 2019, after the worlds largest maker of Bitcoin mining rigs ran into a cash crunch. PHOTO: BLOOMBERG. Cryptocurrencies.
Fri, Jan 27, 2023 2 min read. (Bloomberg) -- Billionaire Jihan Wu is reshuffling the leadership of his asset manager while shedding 10% of staff at his digital-currency lending firm, the...
Nov 9, 2018 Jihan Wu, the billionaire co-founder of Bitmain, a cryptocurrency conglomerate valued at $15 billion, has said that the Bitcoin Cash community is working together to kick Craig Steven...
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