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Stock impact report

Bitdeer Completes Testing of its Latest SEAL03 Bitcoin Mining Chip

Bitdeer Technologies Group - Ordinary Shares (BTDR) 
Company Research Source: GlobeNewswire
SINGAPORE, March 10, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high performance computing, today announced the successful testing of its latest Bitcoin mining chip, SEAL03, following tape-out. An exceptional power efficiency ratio of 9.7J/TH - while running at low voltage, ultra power-saving mode - was indicated in the SEAL03 chip’s verification and prototype tests, achieving its performance target as outlined in the SEALMINER technology roadmap. SEAL03 uses one of the most advanced process nodes in partnership with TSMC, a world-leading semiconductor foundry. Matt Kong, Chief Business Officer at Bitdeer, commented, “We are thrilled about SEAL03 achieving a most critical performance milestone following prototype testing. Our unwavering R&D commitment is making possible innovative solutions that are setting new performance benchmarks that will benefit the wider mining ecosys Show less Read more
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