🎄 Cryptonary Christmas Sale! 50% OFF. Save $500 Now Only ⏰ : 0d 8h 42m 14s
Bitdeer merges with SPAC and plans to list on the NASDAQ
Bitdeer Technologies, a major firm backing the mining industry, has merged with a special purpose acquisition company (SPAC) which is named Blue Safari Group Acquisition Corp. As per the press release from the SPAC, the combined firm will now be called Bitdeer Technologies Group.
Bitdeer merger valued at $4 billion
Bitdeer and Blue Safari Group Acquisition Corp's merger was announced in the press release by the former firm. As per the data in the press release, "the Transaction values Bitdeer at an implied enterprise value of approximately $4 billion." The mining firm and Blue Safari Boards of Directors approved the implied enterprise value.Bitdeer currently operates in U.S. and Norway and is in possession of 5 data centers throughout the region. The firm also provides mining equipment to miners and also helps with mining data center design and construction, followed by daily operations.
On the other hand, a SPAC is a shell firm only built to acquire another company or merge with it. A SPAC is listed on a stock exchange and helps the other firms with listing without going through the initial public offering process.
The mining firm and Blue Safari's merger will be headed by Jihan Wu, chairman, and co-founder of Bitmain and Bitdeer. However, the deal is yet to be completed and finalized but is expected to complete in Q1 2022.
"As a leader in crypto mining, we will continue to solidify our leading position in the crypto mining space. Today marks a significant milestone for Bitdeer, and we strive to create value for our broader group of stakeholders in the future, including our clients, employees, and shareholders," said the soon-to-be head of the merger.The mining firm was created from a rift in Bitmain, co-founded by Wu, where he was also the CEO. Following a series of clashes with his other co-founder of Bitmain, Micree Zhan, Wu formed Bitdeer, which is now, a leading firm in mining services.
Continue reading by joining Cryptonary Pro
$997 $497/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
