- Bitdeer and Blue Safari Expect to Close the Business Combination on April 13, 2023

- Bitdeer Shares Expected to Begin Trading on the Nasdaq on April 14, 2023 Under Ticker Symbol “BTDR”

Bitdeer Technologies Holding Company (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, and Blue Safari Group Acquisition Corp. (NASDAQ: BSGA) (“Blue Safari”), a special purpose acquisition company, today announced that their previously announced business combination (the “Business Combination”) was approved at an extraordinary general meeting (the “EGM”) of Blue Safari’s shareholders on April 11, 2023.

Complete official results of the vote will be included in a current report on Form 8-K to be filed by Blue Safari with the U.S. Securities and Exchange Commission (the “SEC”) today.

The Business Combination is expected to close on April 13, 2023. Upon such closing, Bitdeer Technologies Group will remain as the combined company, and its shares are expected to begin trading on the Nasdaq under the ticker symbol “BTDR” on April 14, 2023.

Bitdeer is a world-leading technology company for the cryptocurrency mining community. Headquartered in Singapore, Bitdeer operates six mining datacenters globally with an aggregate electricity capacity of 775MW at 2022 year-end. Bitdeer operates three primary business lines: proprietary mining, hash rate sharing, and hosting, all of which are supported by “Minerplus”, the Company’s self-developed, integrated, intelligent software platform.

Linghui Kong, Chief Executive Officer of Bitdeer, commented, “Today marks a significant milestone for Bitdeer, leaving us poised to list on the Nasdaq and equipped to seize the growth opportunities ahead of us. I am incredibly proud of what we have achieved so far, and look forward to embarking on the next chapter of our journey. We are already a leading hash rate supplier, and our public listing will allow us to make even greater contributions to the crypto economy. Looking ahead, we are well-positioned to generate sustainable value as we execute on our long-term business strategy.”

Naphat Sirimongkolkasem, Chief Financial Officer and Director of Blue Safari, commented, “We are excited to announce the achievement of this significant milestone with Bitdeer. We believe that their exceptional work, unwavering commitment to innovation, and delivering of value to their community have been instrumental to their accomplishments. We are excited about what the future has in store for Bitdeer.”

About Bitdeer Technologies Holding Company

Bitdeer is a world-leading technology company for the cryptocurrency mining community headquartered in Singapore. Bitdeer has committed to providing comprehensive digital asset mining solutions for its customers. Bitdeer handles complex processes involved in mining such as miner procurement, transport logistics, mining datacenter design and construction, mining machine management and daily operations. Bitdeer has mining datacenters deployed in the United States and Norway. To learn more, visit www.bitdeer.com.

About Blue Safari Group Acquisition Corp.

Blue Safari Group Acquisition Corp. is a blank check company sponsored by BSG First Euro Investment Corp., a British Virgin Islands company, and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.