Tether Invests $150M in Jihan Wu's Bitdeer for Crypto Mining Expansion

Bitdeer Announces Jihan Wu as New CEO Amid Market Cap Growth

Crypto News: Harvest Fund submits Bitcoin ETF application, Wu Jihan appointed as CEO of Bitcoin Deer, COINSHARES digital assets outflow, Harvest Wealth Management may launch Bitcoin ETF, SKYARK CHRONICLES did not participate in financing, SOMESING suffered a hacker attack, Wu's macroeconomic indicators and analysis for this week.

BITDEER appoints Wu Jihan as CEO, Kong Linghui transitions to Chief Business Officer.

BitDeer has appointed Wu Jihan as the new CEO, while Kong Linghui has been transferred to the position of Chief Business Officer.

Wu Jihan will serve as the CEO of Bitdeer.

BitDeer Appoints Wu Jihan as New CEO and Kong Linghui as Chief Business Officer

Jihan Wu to Take Over as Bitdeer CEO in March

Wu Jihan's Response to Matrixport's Perspective Shift on Market Crash

Matrixport's Founder Jihan Wu Addresses Controversial Report on Bitcoin ETF and Market Volatility

Wu Jihan's Analysis of Matrixport Report and Bitcoin ETF Outlook

Bitcoin Price to Hit $50,000 by February, Jihan Wu's Matrixport Predicts, If This Happens

Jihan Wu's company BitDeer announced today that it has become a preferred cloud service provider in the NVIDIA Partner Network and plans to launch Bitdeer AI Cloud, among the first cloud services powered by NVIDIA DGX SuperPOD with DGX H100 systems in the Asia region.…

Hotcoin Research | Crypto Concept Stocks Surge: A Panoramic Insight into the Capital Feast Under the Crypto IPO Trend

Jihan Wu's public mining company Bitdeer has priced $330 million in convertible bonds due 2031, marking its third such capital raise in less than a year as Bitdeer continues to scale its infrastructure and Bitcoin ASIC ambitions. https://t.co/84UIwdcXCB

The on-chain trading platform MyStonks.org launched three types of US stock tokens today: BTCS.M, DFDV.M, and ANTA.M.

Antalpha, a fintech company providing loans to Bitcoin miners, is quietly becoming a key part of Bitmain's financial landscape. Recently, mining finance company Antalpha @AntalphaGroup submitted an IPO application to Nasdaq, planning to list under the ticker "ANTA." On the surface, it appears to be a typical fintech overseas expansion, but behind it lies the capital layout logic of Bitmain and Jihan Wu. Antalpha focuses on financing mining machines and computing power, and facilitates Bitcoin loans for non-U.S. clients. In 2024, its revenue reached $47.45 million, a year-on-year increase of 321%, with net profit turning positive at $4.4 million. The loan scale has reached $1.6 billion, 77% of which flows to Asia, with most clients purchasing Bitmain mining machines. Antalpha has a priority cooperation agreement with Bitmain, allowing it to directly serve Bitmain’s vast customer base, resulting in extremely low customer acquisition costs. In addition, the funds for its loan facilitation mainly come from its former sister company Northstar, which is indirectly controlled by Jihan Wu’s trust. Although formally "spun off" after restructuring, the two remain closely connected in terms of strategy and economic interests. More importantly, against the backdrop of Bitcoin halving cycles compressing miners’ profits, Antalpha’s loan services have become an important lever for Bitmain to maintain mining machine sales, and may even expand into AI GPU financing, leaving room for Bitmain’s future layout. Tether plans to participate in its IPO by subscribing to $25 million worth of shares, adding strategic significance. This is not just the listing of a financial platform, but more like a capital extension of a mining empire.

GM 🌄 Bitcoin $BTC is set to surge to $99,000—a great start to the day. Although Powell spoke late at night without a clear plan to cut interest rates, the good news keeps coming. Following New Hampshire, Arizona also signed HB 2749 to establish the first cryptocurrency reserve. At 10 PM, there’s a major announcement teased by Trump—stay tuned 😼 #Foresight Crypto Calendar Looking back at history · Avoid internal strife: On May 8, 2020, Bitmain "split," when Bitmain’s legal representative, Jihan Wu, had the business license seized by a group of unidentified individuals from the industrial and commercial administration staff.

Former Federal Reserve Vice Chairman Randal Quarles appointed as Vice Chairman of the Global Advisory Board of Singapore's DBS Bank

The 2025 Bitcoin Wealth Ranking Released: Satoshi Nakamoto Tops the List, Top 20 Hold Over 2 Million BTC

Jihan Wu's Bitdeer Secures $200 Million Investment for Mining and AI Expansion ⚒️ $43.00 million Already Deployed 🧠 AI Ambitions Following Canadian Data Center Acquisition 📈 Bitdeer Stock Surges 22.88% 📎 https://t.co/pp7Z95whxO https://t.co/0tGvf7sxBU

Jihan Wu's Matrix Finance offers a $200 million credit facility to Jihan Wu's Bitdeer Bitcoin mining operation https://t.co/b9fSiK2HsY

Matrixport provides $200 million credit support to Bitdeer Mining

Wu Says Daily Selected Crypto News - The European Central Bank has lowered the deposit facility rate by 25 basis points to 2.25%.

Jihan Wu Appears to Respond to BTDR Short Report: Logic is Absurd, Retains the Right to Take Legal Action Bitdeer (Nasdaq: BTDR) Chairman and CEO Jihan Wu issued a statement on X, appearing to respond to the BTDR short report. He stated that the report is based on preconceived notions, piecing together complex but unrelated facts, and using absurd and misleading logic to construct a narrative, with the aim of manipulating market sentiment for the private gain of short sellers. He emphasized that the company will continue to focus on actual business fundamentals and long-term value creation, while retaining the right to take legal action to protect the company's reputation and shareholder interests. On April 16, an institution named Callisto Research released a short report on Bitdeer (BTDR), stating, "We are shorting Bitdeer BTDR, a Bitcoin mining company listed on Nasdaq. We have found red flags in Bitdeer's disclosures, governance, and related party transactions. We believe that without thorough transparency reforms, BTDR is not worth investing in."

Key Market Information on April 16, Must-See! | Alpha Daily Report

According to Bloomberg, BitDeer, led by Jihan Wu, plans to take advantage of the 90-day tariff suspension period to ship mining machines from Southeast Asia to the United States and will begin production in the United States in the second half of this year. The company will focus on using its mining machines for its own mining rather than selling them to other miners. https://t.co/toPb1T06qJ

Matrixport: The Evolution from Crypto Asset Management to Super Accounts

Cactus Custody and Vistra Launch Digital Asset Trust Service for High-Net-Worth Clients

We are honored to announce that @CactusCustody has joined the #exSat Mainnet as a validator node.Cactus Custody, one of Asia’s leading digital asset custodians, brings proven expertise in securing billions of digital assets for over 300 institutional clients. Their enterprise-grade custody services will bolster the security of the exSat network, enhancing both scalability and efficiency within our PoW+PoS consensus mechanism. This partnership strengthens exSat’s mission to build a secure, interoperable #Bitcoin ecosystem, driving innovation while protecting assets.@CactusCustody is the leading qualified institutional custodian brand, founded by crypto veteran Mr. Jihan Wu. With a focus on balancing security, liquidity, and operational excellence, and following the principle of “security first, integrity always”, Cactus Custody safeguards digital assets for some of the world’s largest mining companies, exchanges, and funds, while adhering to regulatory and AML guidelines.

Jihan Wu's Matrixport announced the official completion of the all-cash acquisition of Swiss compliant crypto asset management company Crypto Finance (Asset Management) AG (CFAM), providing compliant crypto asset management services to the pan-European market.

Matrixport co-founders discuss increasing investment in Hong Kong with the Chief Executive of Hong Kong

Matrixport will strengthen its investment in Hong Kong, leveraging the local financial ecosystem advantages.

Tether holds a 25% stake in Bitdeer, becoming the second largest shareholder.

Tether holds a 25% stake in Bitdeer, becoming the second largest shareholder.

The latest developments in the financial technology and cryptocurrency industry in Hong Kong.

Matrixport will increase its investment in Hong Kong, leveraging the local financial industry's strengths.

Tether becomes the second largest shareholder of Bitdeer, holding 25% of the shares.

Bitdeer announces acquisition of Desiweminer, a fabless crypto ASIC design company, in an All-Stock Transaction worth $140 million. Bitdeer, led by Jihan Wu, received an investment worth $150 million from stablecoin company Tether at the end of last month.

SoSo Daily Jun 6

Mining News in May: Tether invested Bitdeer, a Bitcoin mining and mining machine company founded by Jihan Wu. Riot wants to acquire another large mining company BitFarms. Canaan released a new 18.5J/T Bitcoin mining machine.

We are back with an upgraded, more in-depth weekly newsletter for your Monday morning catch-up! ☕️📰Crypto & Blockchain Update: May 27 - June 2📈Market Highlights- Number of people who hold crypto worldwide crosses 6.8% to around 562 million people, which is a 34% increase from 2023- Bitcoin drops 2% as Mt. Gox wallets move $7.3B to unknown wallet- UNI declines 9% after postponement of protocol upgrade vote- Bitcoin had its best May since 2019- NFT sales volume drops by 54% in May according to CryptoSlam- Market gets ready for $875M in token unlocks in June- PEPE trading volumes triple, landing it in 20th spot by market cap, with Dogecoin 8th and Shiba Inu 11th- ChatGPT-coded memecoin Turbo reaches $638M market cap- Trump token crashes following guilty verdict🎮Crypto Gaming- Telegram based Notcoin reaches $1B market cap- CityVerse Tycoon will launch on Ethereum L2 network Base- The Sandbox launched a DAO to help SAND token holders and NFT land owners decide the future of ecosystem, rollout will happen in 3 phases- Pudgy Penguins and Mythical Games release a mobile game on Mythos chain- South Korean game publisher Com2uS has launched its own L2 chain called XPLA Verse- Telegram-based Hamster Kombat to launch its own token on TON- Tapos, “tickle-to-earn” cat game on Aptos has reached 63,000 users- Catizen is the fastest growing Telegram crypto gaming community💼Regulatory Updates- Ethereum ETF June launch “legit possibility” as BlackRock files S-1- Binance France changes ownership following local regulator warning- U.S. President Joe Biden signed a veto to repeal SEC’s SAB 121- U.S. DOJ arrests 911 S5 botnet boss Yune Wang- CZ, former CEO of Binance begins his 4 month prison sentence in California, United States- El Salvador’s pro-BTC President sworn in for the second term🛜Technological Advancements- Google and Magic Leap partner up to make metaverse goggles- EOS Network approves new tokenomics, promising a “new era”- Shiba Inu developers implemented an upgrade to Shibarium network, increasing bridging time by days- Open-source AI model Mistral got a big upgrade to its LLM🤝Investments & Partnerships- CertiK announces CertiK Ventures to boost blockchain development- Tether invest $150M in Jihan Wu’s crypto mining firm Bitdeer- Bitcoin firm and University of Austin partner for $5M endowment fund- Babylon raises $70M to bridge the gap between Ethereum and Bitcoin- River Protocol to aim alternative to Slack and Discord, powered by Base- Semler Scientific adopts BTC as treasury asset and its SMLR increased to 33%- GME increased more than 19% overnight after Roaring Kitty posted on Reddit🔐Cybersecurity- Japanese crypto exchange DMM suffers $305M loss in BTC due to private key hack- Crypto losses from fraud and hacks declined in May by 12% according to Immunefi- Ethereum blockchain projects still the main target for hackers, followed by BNB Chainℹ️Miscellaneous- Matter Labs, known for developing zKSync, files for “zero-knowledge” trademark in 9 countries- MotoGP’s Gresini Racing launches a new fan sponsorship program with cryptocurrencies- Ripple CEO says Spot XRP ETF is ”inevitable”- Turkish authorities detain 127 suspects connected to a crypto scamming platform💭Expert Opinion:“Telegram-based gaming projects are rapidly gaining traction, showing the immense potential of integrating messaging apps with blockchain technology. The success of recently launched games and tokens, along with upcoming advancements, highlights a shift towards more interactive and decentralized gaming ecosystems.”– Evald Hannes Kree, CEO at @swapincom 🎙️Community Spotlight:This week, we’re featuring Mobile Autokeskus, who have successfully integrated our SwapinCollect solution, allowing their customers to easily purchase cars with cryptocurrencies.Watch the video below where their CEO Silver Havamaa shares more about how this works: https://t.co/wdRPw2GNhNIf you're in Estonia, check out their website to choose the car you'd like to buy next using crypto!🗓️Upcoming Events:1) MARE BALTICUM Gaming & TECH Summit📅 June 4-5, 2024📍 Hilton Tallinn Park Hotel, EstoniaSwapin team member Mike Tiffin will be attending.2) @money2020📅 June 5-7, 2024📍 Amsterdam, NetherlandsSwapin team members Evald Hannes Kree and Ivar Jaanus will be at the Estonian Pavillion, stand nr 8 A180.Have a great new week ahead!- Swapin Team

Hong Kong Securities and Futures Commission announces the list of 11 licensed applicants

Tether Acquires $100 Million Stake in Jihan Wu’s BTC Mining Firm Bitdeer https://t.co/7GkTPT5UTY #breaking #news #crypto #cryptonews

Tether Acquires $100 Million Stake in US-Listed Bitcoin Miner Bitdeer

BitDeer, led by Jihan Wu, announced that it has received up to $150 million in private placement financing from Tether. BitDeer has just released its latest Bitcoin mining machine. The transaction generated $100 million in gross proceeds from the share issuance and could provide an additional $50 million if the warrant is fully exercised.

MUA DAO secures $5 million in funding and unveils new economic model and multi-chain protocol

ByteDance Founder Zhang Yiming Relocates to Singapore Amid Tech Sector Challenges in China

#AI-driven insights for $BCH now available! 📲 @rogerkver @bitcoincashorg @BitcoinCashA @BitcoinCashFans @JihanWu @MarcDeMesel @DavidShares @GeorgeDonnelly @TheBCHPodcast

At @token2049 in #Dubai , our CEO Jihan Wu graced the stage for a discussion on Countdown to Scarcity: Navigating the Impact of Bitcoin's Halving.Jihan shared his insights on Bitcoin's potential as a superior gold standard. Peering into the future, Jihan observed that in the coming four years, the private sector will embrace Bitcoin's unparalleled superiority. Individuals will turn to #Bitcoin as their preferred risk hedge, eclipsing gold in popularity.Join us in this transformative journey as we navigate the impact of #BitcoinHalving !

Excited to share that our Chairman and CEO, Jihan Wu, will be speaking at #token2049dubai on the topic "Countdown to Scarcity: Navigating the Impact of Bitcoin's Halving" - a must-attend for crypto enthusiasts! Mark your calendar: this coming Friday, April 19, 4:40 PM - 5:20 PM, GMT+4 at M2 Main Stage! https://t.co/Yd35OVE6tQ $BTDR $BTC #BitcoinHalving #Bitcoin #HalvingCountdown #BitcoinMining #BitdeerAtTOKEN2049

Ethereum Price Surges to $3,591 Amid Whale Accumulations and Market Recovery

Meet @JihanWu at #TOKEN2049 Dubai.Jihan is the Chairman and CEO of @BitdeerOfficial, dedicated to providing reliable and comprehensive Bitcoin mining and AI cloud solutions to thousands of users in over 200 countries and regions.Catch him on stage in less than two weeks. https://t.co/yLSUsakyjP

According to Bloomberg, Jihan Wu’s crypto mining company Bitdeer is negotiating with private credit companies to raise US$100 million in financing, which will be used to increase its Bitcoin mining capabilities. Bitdeer has just released its latest chips and mining rigs to compete with Bitmain’s Whatsminer.

BitDeer is negotiating to raise $100 million in financing to increase Bitcoin mining capacity.

Bitdeer, led by Jihan Wu, announced that it has successfully designed its first cryptocurrency mining chip SEAL01, using a 4nm chip and achieved 18.1 J/TH. Bitdeer is about to launch its first self-developed Bitcoin mining machine SEALMINER A1, joining the competition with Bitmain and Whatsminer.

Jihan Wu’s Matrixport Hong Kong division submitted a virtual asset trading platform license application to the Hong Kong SFC on February 26, named Flying Hippo Technologies Limited. Currently, 21 companies have applied to the Hong Kong SFC for virtual asset trading platform licenses.

Mining News in January: Mining Costs Nearly $40,000 After Halving, Canaan Finances Over $50 Million, Jihan Wu Serves as Bitdeer CEO, and More.

Former JPMorgan Executive Joins Crypto Firm GSR as Head of Trading Amid Industry's Hiring Trend

Anthony Scaramucci's Tweet Excites Crypto Community: Speculation on SEC's Bitcoin ETF Decision