Bitcoin mining company Bitdeer has announced that it will acquire ASIC chip design company Desiweminer in an all-stock transaction for $140 million. According to the June 3 announcement, Bitdeer will acquire all outstanding shares of Desiweminer for 20 million Class A common BTDR shares. The Desiweminer team will join Bitdeer's ASIC design team in Singapore and plans to launch products that integrate both technologies immediately. Late last month, Bitdeer received a $150 million investment from stablecoin company Tether. (CoinDesk)