Bitdeer, a U.S. and Norway-based cryptocurrency mining company, announced intentions to merge with Blue Safari Group Acquisition Corp. After the reverse merger, Bitdeer will trade on the NASDAQ. The decision to go public via SPAC comes after Bitdeer was spun off from Bitmain, a mining and chip company, earlier this year. The deal values Bitdeer at an estimated $4B.
Bitcoin miner Bitdeer to go public with SPAC merger; deal values company at around $4B