Bitdier’s shares increased by 0.6% after hours as Crypto Minor invested $ 4 million in bitcoin despite a fall in prices.
Cryptocurrency mining firm Bitdier has acquired millions in Bitcoin (BTC) as Cryptocurrency continues to trade less than its all -time high which was set in late January.
In One x post On 28 February, the Singapore -based firm said it acquired 50 BTC at an average price of $ 81,475. With the latest purchase, Bitdier is exceeding 640 BTC, represents 0.003% of the total supply of bitcoin, data from Bitbo Show,
Meanwhile, the bitcoin continues to slide, falls below $ 80,000 on Friday and the press is sitting at $ 78,770 on time. The comprehensive crypto market is not much better, the total market cap is in the form of more than 8% major token struggle.
The purchase comes a few weeks later when Bitter acquired a 101 MW natural gas plant in Alberta, $ 21.7 million. The company plans to use it for BTC mining with the possibility of expansion up to 1 GW.
In addition, Bitdier also received approval to create a 99 MW interconnection grid with the Alberta Electric System Operator, priced at $ 30 million or $ 300,000 per MW. The 99 MW grid of datastery capacity will be used for more bitcoins.
data from Tradingview The show in early February, the total Crypto Market Cap was still at $ 3.1 trillion, but it dives on 24 February and fell to a low level as $ 2.5 trillion. Since then, the overall crypto market cap has not yet been back to climb to the $ 3 trillion threshold, showing that the market has not recently recovered from the accident.
