Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following the reports that revealed the mining firm purchased Le Freeport.
Bitdeer Purchases Maximum Security Vault Le Freeport From Yves Bouvier, DBS
After the co-founder of Bitmain Technologies Jihan Wu left the company, he co-founded a firm called Matrixport and he’s also the chairman of Bitdeer Technologies. According to a report published by Bloomberg, that cites sources familiar with the matter, Bitdeer paid S$40 million ($28.4 million) for the maximum security vault known as Le Freeport.
The vault was originally constructed to be similar to the high-security storage vaults located in Luxembourg and Geneva. Freeport has also been dubbed “Singapore’s Fort Knox for fine art and collectibles.” Freeport...
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