Bitdeer also raised capital from Tether in 2024 and secured $40 million from a debt facility with Matrix Finance in May. Both Bitdeer and Matrix are led by Jihan Wu, co-founder of Bitmain.
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Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations
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Bitdeer Technologies Group secured $40 million from a $200 million debt facility opened with Matrix Finance in May 2025; both Bitdeer and Matrix Finance are led by Jihan Wu, who is also the co-founder of cryptocurrency mining rig manufacturing company Bitmain.
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