# EDGAR Filing Document

**Accession Number:** 0001899123
**File Stem:** 0001104659-23-026786
**Filing Date:** 2023-2
**Character Count:** 3813
**Document Hash:** 6451fb7d978633b8038e34fdcc7df7b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-026786.hdr.sgml**: 20230517

**ACCESSION NUMBER**: 0001104659-23-026786

**CONFORMED SUBMISSION TYPE**: DRSLTR

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bitdeer Technologies Group
- **CENTRAL INDEX KEY:** 0001899123
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** DRSLTR

**BUSINESS ADDRESS:**
- **STREET 1:** 08 KALLANG AVENUE, APERIA TOWER 1, #09-0
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 339509
- **BUSINESS PHONE:** 65-62828220

**MAIL ADDRESS:**
- **STREET 1:** 08 KALLANG AVENUE, APERIA TOWER 1, #09-0
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 339509

![](tm2135137d41_drsltrimg001.jpg)

Will H. Cai

+852 3758 1210

wcai@cooley.com

February 28, 2023

**<u>VIA EDGAR</u>**

U.S. Securities and Exchange Commission<br> Division of Corporation Finance<br> Office of Technology<br> 100 F Street, N.E.<br> Washington, D.C. 20549

Attn: Ms. Melissa Walsh, Senior Staff Accountant<br> Mr. Stephen Krikorian, Accounting Branch Chief<br> Ms. Kyle Wiley, Staff Attorney<br> Mr. Larry Spirgel, Office Chief

---

| | |
|:---|:---|
| Re: | **Bitdeer Technologies Group**<br> **Responses to Staff's Comments on Amendment No. 10 to Draft Registration Statement on** <br> **Form F-4 Submitted on February 3, 2023**<br> **CIK No. 0001899123** |

---

Ladies and Gentlemen:

On behalf of our client, Bitdeer Technologies Group (the "***Company***"), we are submitting this letter to the staff (the "***Staff***") of the Securities and Exchange Commission (the "***Commission***") in response to the Staff's conclusions (the "***Conclusions***") provided via telephone on February 23, 2023, regarding the accounting for Bitdeer Technologies Holding Company ("***Bitdeer***")'s cryptocurrency lending transactions and wealth management products.

In response to the Conclusions, the Company has revised the above referenced Amendment No. 10 to Draft Registration Statement on Form F-4 (the "***DRS/A***") and is filing a revised version of the DRS/A (the "***Revised DRS/A***") via EDGAR with this response letter. Capitalized terms used but not defined herein are used herein as defined in the Revised DRS/A.

In response to the Staff's conclusions regarding the accounting for Bitdeer's cryptocurrency lending transaction, the Company has revised the disclosure on pages 241, 246, 249, F-37, F-42, F-43, F-44, F-47, F-48, F-54, F-61, F-62, F-68, F-76, F-77, F-88, F-92, F-95, F-96, F-98, F-99, F-106, F-114 and F-116 of the Revised DRS/A.

In response to the Staff's conclusions regarding the accounting for Bitdeer's purchase of wealth management product, the Company has revised the disclosure on pages 249, F-42, F-43, F-44, F-47, F-48, F-61, F-77, F-88, F-92, F-95, F-96, F-98, F-99, F-114 and F-116 of the Revised DRS/A.

\* \* \*

![](tm2135137d41_drsltrimg001.jpg)

If you have any questions regarding the response letter, please contact the undersigned by phone at +852-3758-1210 or via e-mail at wcai@cooley.com.

---

| |
|:---|
| Very truly yours, |
| /s/ Will H. Cai |
| Will H. Cai |

---

---

| | |
|:---|:---|
| cc: | Linghui Kong, Chief Executive Officer, Bitdeer Technologies Holding Company<br> Naphat Sirimongkolkasem, Chief Financial Officer, Blue Safari Acquisition Corp.<br> Nicholas H.R. Dumont, Esq., Partner, Cooley LLP<br> Timothy Pitrelli, Esq., Partner, Cooley LLP<br> Danielle Bian, Partner, MaloneBailey, LLP<br> David Grossman, Partner, Marcum LLP<br> Derek Dostal, Esq., Partner, Davis Polk & Wardwell LLP<br> Howard Zhang, Esq., Partner, Davis Polk & Wardwell LLP |

---