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New Deal


Announced

Completed

Bitdeer went public via a SPAC merger with Blue Safari Group Acquisition in a $4bn deal.

Financials

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Transaction Value£2,972m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

Acquisition

Reverse Takeover

Software

Friendly

Majority

Private

Cross Border

De-SPAC

Singapore

application software

Single Bidder

Completed

Synopsis

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Bitdeer, a provider of digital asset mining service, went public via a SPAC merger with Blue Safari Group Acquisition in a $4bn deal. “The completion of our business combination with Blue Safari is the start of a new era for Bitdeer. I would like to thank our team and Blue Safari for their focus, diligence, and commitment that has brought us to this milestone in our development. Looking ahead, we are delighted to be able to continue to grow our business and further contribute to the crypto economy as a Nasdaq-listed company,” Linghui Kong, Bitdeer Chief Executive Officer.

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