Matrix Finance Invests $200 Million in Bitdeer to Boost Bitcoin Mining Operations

Jihan Wu’s Matrix Finance has provided a substantial credit line of $200 million to Bitdeer Technologies Group, aiming to bolster their Bitcoin mining operations. This funding will enable Bitdeer to expand its mining capacity and further solidify its presence in the industry. Bitdeer shares have seen a significant jump, increasing by 22.88% following the announcement, reflecting market confidence in the company’s strategy.