Bitdeer Mines 166 BTC in August, SEALMINER A1 Volume Production Expected in Q4
Bitdeer has released its unaudited Mining and Operations Report for August 2024, which discloses that 166 BTC were mined in August, volume production of SEALMINER A1 is expected to be completed in the fourth quarter of 2024, and the development of the third-generation chip, SEAL03, is underway. It was also disclosed that the outstanding principal balance of the senior secured notes issued to the sellers in the Company's previously announced acquisitions of TROLL HOUSING AS and TYDAL DATA CENTER AS in August 2024 was partially repaid in the amount of $5 million.
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