Bitdeer Technologies, a prominent crypto-mining firm, is seeking $100 million fund from private credit firms to expand its Bitcoin mining facilities. This move aligns with the broader trend of crypto firms seeking fresh capital amid Bitcoin's remarkable 64% surge in 2024. This surge is fueled partly by the increasing demand for Bitcoin ETFs, attracting traditional asset managers into the crypto sphere. Bitdeer's strategic funding efforts reflect the industry's dynamic landscape and its readiness to capitalize on Bitcoin's ongoing rally with only three weeks before the halving event.