Bitdeer Acquires FreeChain in $140M All-Stock Deal, Bolsters Leading ASIC Market Position
Bitdeer Technologies (NASDAQ: BTDR) acquires FreeChain in a $140 million all-stock deal, solidifying its leading position in the ASIC market and setting the stage for future growth.
This news matters for investors looking to participate in the next wave of Bitcoin mining and ASIC technology. The acquisition solidifies Bitdeer's position in the ASIC market, positioning the company for growth as demand for ASIC Bitcoin mining chips continues to rise.