# Bloomberg reported

> Bitdeer

**Published by:** [ccsaf.eth](https://paragraph.com/@ccsaf.eth/)
**Published on:** 2024-04-24
**URL:** https://paragraph.com/@ccsaf.eth/bloomberg-reported

## Content

BlockBeats news, on March 27, Bloomberg reported, citing people familiar with the matter, that Bitdeer Technologies Group (NASDAQ: BTDR), a technology company in the field of blockchain and high-performance computing, is negotiating with private credit companies for approximately US$100 million in financing. The company is working with financial advisers to raise funds that will be used for projects such as expanding its Bitcoin mining capabilities, people familiar with the matter said. The people asked not to be named because they are private matters. Negotiations are said to be ongoing and details of the financing could change. A spokesman for Bitdeer declined to comment.

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