Bitcoin
Bitcoin (BTC)
$107,614.00 -1.18922
Bitcoin price
Ethereum
Ethereum (ETH)
$2,729.50 3.33096
Ethereum price
BNB
BNB (BNB)
$683.17 -0.13191
BNB price
Solana
Solana (SOL)
$172.25 -1.5166
Solana price
XRP
XRP (XRP)
$2.29 -1.08557
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 0.25597
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 4.4732
Pepe price
Bonk
Bonk (BONK)
$0.00002 -2.43712
Bonk price
dogwifhat
dogwifhat (WIF)
$1.11 0.88195
dogwifhat price
Popcat
Popcat (POPCAT)
$0.446117 -4.0268
Popcat price
Bitcoin
Bitcoin (BTC)
$107,614.00 -1.18922
Bitcoin price
Ethereum
Ethereum (ETH)
$2,729.50 3.33096
Ethereum price
BNB
BNB (BNB)
$683.17 -0.13191
BNB price
Solana
Solana (SOL)
$172.25 -1.5166
Solana price
XRP
XRP (XRP)
$2.29 -1.08557
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 0.25597
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 4.4732
Pepe price
Bonk
Bonk (BONK)
$0.00002 -2.43712
Bonk price
dogwifhat
dogwifhat (WIF)
$1.11 0.88195
dogwifhat price
Popcat
Popcat (POPCAT)
$0.446117 -4.0268
Popcat price
Bitcoin
Bitcoin (BTC)
$107,614.00 -1.18922
Bitcoin price
Ethereum
Ethereum (ETH)
$2,729.50 3.33096
Ethereum price
BNB
BNB (BNB)
$683.17 -0.13191
BNB price
Solana
Solana (SOL)
$172.25 -1.5166
Solana price
XRP
XRP (XRP)
$2.29 -1.08557
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 0.25597
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 4.4732
Pepe price
Bonk
Bonk (BONK)
$0.00002 -2.43712
Bonk price
dogwifhat
dogwifhat (WIF)
$1.11 0.88195
dogwifhat price
Popcat
Popcat (POPCAT)
$0.446117 -4.0268
Popcat price
Bitcoin
Bitcoin (BTC)
$107,614.00 -1.18922
Bitcoin price
Ethereum
Ethereum (ETH)
$2,729.50 3.33096
Ethereum price
BNB
BNB (BNB)
$683.17 -0.13191
BNB price
Solana
Solana (SOL)
$172.25 -1.5166
Solana price
XRP
XRP (XRP)
$2.29 -1.08557
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000144 0.25597
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000145 4.4732
Pepe price
Bonk
Bonk (BONK)
$0.00002 -2.43712
Bonk price
dogwifhat
dogwifhat (WIF)
$1.11 0.88195
dogwifhat price
Popcat
Popcat (POPCAT)
$0.446117 -4.0268
Popcat price

Bitdeer to buy back shares worth up to $2m

Yana Khlebnikova
Edited by
News
Bitdeer to buy back shares worth up to $2m

Singapore-based Bitcoin (BTC) mining company Bitdeer Technologies wants to buy back its shares for up to $2 million.

The Nasdaq-listed firm’s board of directors approved a new share repurchase program effective until April 17, 2024, the statement said.

The program provides the opportunity to repurchase shares in a number of ways. Those include “open market transactions, privately negotiated transactions, any combination thereof or other legally permissible methods.”

Representatives of the mining company explained that they were going to finance the ransom from the available balance of money.

“By gradually executing the share repurchase program, Bitdeer seeks to minimize the impact on its share price and generate greater long-term returns for its shareholders.”

Bitdeer statement

In August, Bitdeer announced the completion of construction of a large farm with 23,000 ASIC miners in the Bhutanese city of Gedu.

According to founder and CEO Linghui Kong, there are currently 11,000 devices running on the new Bitdeer farm, with the rest to be connected later. After the farm reaches its design capacity, the hashrate of Bitdeer equipment in Bhutan will reach 2.5 Eh/s.

The firm later boasted that the company mined 482 bitcoins in September, up 25.8% from August. The firm currently operates 221,000 mining machines and maintains 895 MW of electrical power for its self-mining and cloud hashrate business. Mined cryptocurrencies are converted into fiat money.