Blue Safari Group Acquisition Corp.
BSGAR
NASDAQ Capital Market1.01
USD
+0.20
- -
CIK
0001853084
Return %
Stock
S&P500
1Y
448.02
26.53
3Y
34.67
76.60
5Y
34.67
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001853084
- Similar Companies
- Business
- Blue Safari Group Acquisition Corp is a special purpose acquisition company (SPAC) formed primarily to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations or similar business combinations. The company was founded in 2021 and is headquartered in Hong Kong. Its core function is to identify and partner with businesses primarily in the technology and financial sectors for public market entry or expansion. The company conducted a significant business combination with Bitdeer Technologies Group, a globally recognized technology company specializing in cryptocurrency mining solutions. This combination, completed in April 2023, marked a strategic shift for Blue Safari from a blank-check SPAC to a public entity focused on the digital asset mining market. Bitdeer offers comprehensive digital asset mining services including miner procurement, logistics, mining datacenter design and construction, mining machine management, and day-to-day operational support. Its mining datacenters are located in the United States and Norway, servicing a global customer base. This transaction also involved the issuance of shares for Bitdeer, which now trades independently on the Nasdaq under the ticker symbol BTDR. The merger significantly expanded Blue Safari’s operational scope into the cryptocurrency mining community, leveraging Bitdeer's advanced technological infrastructure and industry expertise. Blue Safari Group Acquisition Corp, sponsored by BSG First Euro Investment Corp., transitions now as part of Bitdeer post-acquisition, with its previous securities suspended from trading as of April 2023. The company operates within the financial conglomerates and technology sectors, focusing on digital asset mining and related technological services globally. This latest business combination represents Blue Safari's major operational and strategic change in the last two years.