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Tsai will replace Daniel Zhang as chairman of the board. Eddie Wu will take over from Zhang as chief executive officer, while Zhang focuses on the company’s cloud intelligence offerings.
The assets include illiquid holdings of cryptocurrencies, a portfolio of institutional loans, private equity and venture capital investments, Celsius’s mining business and $500M in “liquid cryptocurrency."
Bitdeer first agreed to merge with Blue Safari Group Acquisition Corp., in November 2021, but the transaction was delayed multiple times amid turmoil in the crypto market.
April 14, 2023
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