08:43 AM EDT, 06/06/2024 (MT Newswires) -- Bitdeer Technologies Group ( BTDR ) said Thursday that it has agreed to acquire all issued and outstanding shares of Desiweminer for 20 million Class A ordinary shares.

Bitdeer ( BTDR ) said a portion of the shares to be issued will vest in equal installments over five or seven years.

Additionally, Bitdeer ( BTDR ) said that certain sellers will be unable to transfer 50% of their shares for six months after the deal closes, and the remaining 50% for twelve months.

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