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Bitdeer paid TSMC US$240 million for SEALMINER

Bitdeer reported that it paid $240 million to chip manufacturing giant TSMC in the fourth quarter to achieve a hash rate target of 40 EH/s by 2025, driven by its proprietary SEALMINER Bitcoin mining hardware. In addition, Bitdeer CEO Wu Jihan has reached a 10b5 -1 transaction plan, under which he can sell up to 4 million shares of Bitdeer stock on a scheduled date from March to June 2025 if the minimum price threshold is met.(MinerMag)

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