Bitdeer, a prominent Bitcoin mining and cloud service provider based in Singapore, has raised $100 million from Tether in a private sale of its shares. As per their deal Tether will also be able to buy up to $50 million more of BitDeer shares within the next year, at a price of $10. BitDeer’s stock ticker BTDR currently trades at $6.13.
The sale was announced on Thursday 31 May. At that moment in the sky, Sun travelled in the constellation or Nakshatra of Rohini, which is opposite in the sky from Earth to the Nakshatra Jyestha. Jyestha’s symbol is a deer.
The planet Sun generates administrative acts by powerful leaders including industry leaders like Tether, on Earth. The Nakshatra of Jyestha will receive the dual aspect of Jupiter and Saturn in the second half of 2024. This means that Bitdeer is likely to undergo significant growth. It’s also interesting that their cost per bitcoin is just under 18K. Jyestha is the 18th Nakshatra of the zodiac. BitDeer has the lowest cost per bitcoin amongst all miners which helps it maintain profitability post halving.
BitDeer will put the proceeds of its shares sale towards expanding its data center and developing its mining rig. BitDeer recently developed a new mining chip named SEAL01 which it plans to integrate into its mining rig, the SEALMINER A1. The seal is an animal that lives in the ocean.
The sign Pisces generates oceans on Earth, and Rahu Who currently travels in Pisces is already trining Jyestha in advance of Jupiter’s and Saturn’s upcoming dual aspect on that Nakshatra. It is likely that when the dual aspect begins in early August, this new mining chip begins resulting in significant and sustainable wealth for BitDeer.