Singapore-based mining company Bitdeer announced that it had purchased 50 bitcoins at an average price of $81,475 per coin. Hours after the announcement, the company’s stock price rose by 0,6%.
With the latest purchase, Bitdeer now holds more than 640 BTC, which is 0,003% of the flagship cryptocurrency’s total supply, BiTBO data shows.
Bitdeer has expanded its Bitcoin— balance just weeks after it acquired a 101 MW gas-fired power plant in Canada for $21,7 million. The company plans to use it to mine BTC and eventually expand the facility’s capacity to 1 GW.
Additionally, Bitdeer has received permission from the Canadian government to build a 99 MW facility with the Alberta Electricity System Operator at a cost of approximately $30 million, or $300,000 per megawatt.
Meanwhile Bitcoin has adjusted slightly: over the past 24 hours, the flagship kriptovalyuta fell just 2%, rising above $84,000. At the moment, Bitcoin is trading at $83,700. The cryptocurrency market as a whole is not doing much better, with the overall market cap down 3,7%. However, Solana the only one of the top 10 to go into the plus over the last 24 hours by 4,3%.