Bitdeer invested 40 million Singapore dollars to acquire the high-security storage facility Le Freeport in Singapore
According to Chain Catcher news, citing sources from Bloomberg, Wu Jihan's company Bitdeer has spent 40 million Singapore dollars (approximately 28.4 million USD) to acquire the high-security storage facility Le Freeport in Singapore. Wu Jihan himself has confirmed the transaction, which, according to records from the accounting regulatory agency, took place in July.Le Freeport was built at a cost of 100 million Singapore dollars (nearly 71 million USD) and opened in 2010. Sources indicate that about 3/4 of the acquisition amount went to creditors, including DBS Group, while Yves Bouvier and other shareholders, who previously held a 70% stake in Le Freeport, received approximately 5 million Singapore dollars (nearly 3.55 million USD) after repaying debts and covering costs. (Bloomberg)