SINGAPORE, July 08, 2023 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for June 2023.
Linghui Kong, Chief Executive Officer of Bitdeer, commented, “During June, we pushed ahead with our efforts to augment and develop our business. Our 100MW Gedu mining datacenter in Bhutan is almost complete and is expected to be delivered in July. We also made significant progress towards expanding our infrastructure by initiating construction of a 175MW immersion cooling datacenter at our Tydal mining facility in Norway, which is expected to be completed in 2025. Meanwhile, our aggregate electricity capacity remained steady at 795MW and we increased our total managing hash rate to 18.8 EH/s.”
“We also unveiled a share repurchase program of up to US$1,000,000, which reflects our commitment to creating addit
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