tl;dr
Bitdeer, a Bitcoin miner, is acquiring Desiweminer, a designer of chips for ASIC mining machines, in a $140 million all-stock transaction. The Desiweminer team will join Bitdeer's ASIC design team in Singapore, and integrated products will be released immediately. Bitdeer also received a $150 millio...
Bitdeer and Desiweminer Acquisition Bitdeer, a Bitcoin miner, has acquired Desiweminer, a designer of chips for ASIC mining machines, in a $140 million all-stock transaction.
The Desiweminer team will join Bitdeer's ASIC design team in Singapore, and integrated products will be released immediately.
Bitdeer also received a $150 million investment from stablecoin company Tether.
BTDR shares rose 0.54% to $7.05 in pre-market trading following the announcement.
Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month.
The Desiweminer team will join Bitdeer's ASIC design team in Singapore, and products featuring the integrated technologies of the two entities are slated for immediate release.
Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month.
BTDR shares rose 0.54% to $7.05 in pre-market trading following the announcement.
Bitcoin (BTC) miner Bitdeer has agreed to acquire Desiweminer, a designer of chips for ASIC mining machines, in an all-stock transaction worth $140 million.
Bitdeer will acquire all outstanding shares in Desiweminer for a consideration of 20 million Class A ordinary BTDR shares.
The Desiweminer team will join Bitdeer’s ASIC design team in Singapore, and products featuring the integrated technologies of the two entities are slated for immediate release.
Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month.
BTDR shares rose 0.54% to $7.05 in pre-market trading following the announcement.
Read More: Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark
More about Forum Energy Technologies Inc
Forum Energy Technologies Inc Summary Forum Energy Technologies, Inc. designs, manufactures, and distributes products for the oil and natural gas industry in the United States and internationally. The company is headquartered in Houston, Texas.
Sector: Technology
Industry: Oil & Gas Field Machinery & Equipment
Market Cap: $202.44B
Dividend Yield: None
EPS: None
Price Change: -2.36%
Current Price: $70.19
Price/Earnings Ratio: -0.0342
Volume: 752,299,000
Relative Strength Index (RSI): 30
Bollinger Bands: -0.578, 0.071
More about C3 Ai Inc
Company: C3 Ai Inc
Stock Symbol: C3
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: $3,780,455,000
Dividend Yield: None
EPS: -2.34
PE Ratio: 2.602
ROE: -0.901
Volume: 310,582,000
Stock Price: $29.35
52-Week Range: $0 - $0.196
More about Rush Street Interactive Inc
Rush Street Interactive Inc
Rush Street Interactive, Inc. is an online casino and sports betting company in the United States and Latin America. The company is headquartered in Chicago, Illinois.
Industry: TRADE & SERVICES
Sector: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION
Market Cap: 2048073000
Dividend Yield: None
EPS: -0.17
P/E Ratio: 10.48
ROE: -0.0158
Volume: 746228000
Stock Price: 10.03
Dividend Payment Date: 0
Dividend Payout Ratio: 0.888
More about Robinhood Markets Inc
Robinhood Markets Inc Analysis Robinhood Markets Inc Analysis Summary
Company: Robinhood Markets Inc
Sector: Finance
Industry: Security Brokers, Dealers & Flotation Companies
Market Cap: 18,956,491,000
Stock Price: $154.07
Dividend Yield: None
EPS: 0.14
P/E Ratio: 2.306
Beta: 0.0622
Volume: 2,042,000,000
52-Week High: $21.14
52-Week Low: $0
RSI: 0.401
More about Coinbase Global Inc
```html
Company: Coinbase Global Inc
Description: Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy. The company is headquartered in Wilmington, Delaware.
Sector: Finance, Finance Services
Market Cap: 62011085000
Current Price: 49.51
Dividend Yield: None
Price/Earnings Ratio: 5.1
Earnings Per Share (EPS): 15.83
Price/Book Ratio: 0.357
Market Cap (intraday): 3777835000
Beta (3Y Monthly): 263.84
52-Week Change: 3.27
52-Week High: 1.156
```
More about Core Scientific Inc. Common Stock
Core Scientific Inc. Common Stock
Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States. The company is headquartered in Austin, Texas.
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROCESSING & DATA PREPARATION
Market Cap: 542,047,000
Dividend Yield: None
EPS: 1.323
P/E Ratio: -0.491
Volume: 502,400,000
Stock Price: 6.75
52-Week High: 0
52-Week Low: 0.171