SPAC backdoor listing

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Crypto-mining cloud computing platform BitDeer plans to go public in SPAC

Crypto mining cloud computing platform Bitdeer plans to go public through a merger with blank-check firm Blue Safari Group Acquisition Corp at a valuation of about $4 billion.

Bit Deer Group is the world's leading digital asset mining service provider. It was co-founded by Wu Jihan, co-founder of Bitmain and Matrixport, and well-known investment institutions in the blockchain field such as Sequoia Capital and IDG.

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