TechFlow news, October 10 — According to Bloomberg, Bitcoin mining equipment manufacturer Bitdeer Technologies Group is undergoing a strategic shift by significantly expanding its own mining operations amid slowing buyer demand. In a recent announcement, the Nasdaq-listed company founded by cryptocurrency veteran Jihan Wu revealed that by August 2025, its self-operated mining capacity had increased fourfold compared to the same period last year.
Bitdeer plans to continue expanding with the goal of becoming one of the world's top five cryptocurrency miners, meaning the company will enter direct competition with its own customers.
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