SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
(Rule 13d-102)
 
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
 
Bitdeer Technologies Group
 
(Name of Issuer)
 
Class A ordinary shares, par value $0.0000001 per share
(Title of Class of Securities)
 
G11448100
(CUSIP Number)
 
December 31, 2023
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 
Rule 13d-1(b)

 
Rule 13d-1(c)

 
Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 


1
NAMES OF REPORTING PERSONS
 
 
Mega Galaxy International Limited
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)☐
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
British Virgin Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
9,115,319 class A ordinary shares (1)
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
9,115,319 class A ordinary shares (1)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
9,115,319 class A ordinary shares (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
13.1% of class A ordinary shares (7.7% of ordinary shares) (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
CO
 
 
 
 
 

(1)
Represents 9,115,319 class A ordinary shares, par value US$0.0000001 per share, directly held by Mega Galaxy International Limited (“Mega Galaxy”). Mega Galaxy is a British Virgin Islands company wholly owned by Flourishing Well Limited, a company incorporated in the British Virgin Islands, which in turn is wholly owned and managed by VISTRA Trust (Hong Kong) Limited as trustee (the “Trustee”) of The Sharesun Trust, a Hong Kong reserved powers trust (the “Trust”). Mr. Yuesheng Ge is the settlor of the Trust and Mr. Ge and his family members are the beneficiaries of the Trust. Under the terms of the Trust, Mr. Ge has the power to direct the Trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to the shares held by Mega Galaxy in the Issuer.

(2)
Calculation is based on a total of 118,009,439 ordinary shares of the Issuer outstanding as of December 31, 2023, including 69,609,517 class A ordinary shares and 48,399,922 class V ordinary shares.

2

1
NAMES OF REPORTING PERSONS
 
 
Yuesheng Ge
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)☐
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Chinese
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
9,115,319 class A ordinary shares (3)
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
9,115,319 class A ordinary shares (3)
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
9,115,319 class A ordinary shares (3)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
13.1% of class A ordinary shares (7.7% of ordinary shares) (4)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IN
 
 
 
 
 

(3)
Represents 9,115,319 class A ordinary shares, par value US$0.0000001 per share, directly held by Mega Galaxy International Limited (“Mega Galaxy”). Mega Galaxy is a British Virgin Islands company wholly owned by Flourishing Well Limited, a company incorporated in the British Virgin Islands, which in turn is wholly owned and managed by VISTRA Trust (Hong Kong) Limited as trustee (the “Trustee”) of The Sharesun Trust, a Hong Kong reserved powers trust (the “Trust”). Mr. Yuesheng Ge is the settlor of the Trust and Mr. Ge and his family members are the beneficiaries of the Trust. Under the terms of the Trust, Mr. Ge has the power to direct the Trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to the shares held by Mega Galaxy in the Issuer.

(4)
Calculation is based on a total of 118,009,439 ordinary shares of the Issuer outstanding as of December 31, 2023, including 69,609,517 class A ordinary shares and 48,399,922 class V ordinary shares.

3

Item 1(a).
Name of Issuer:
Bitdeer Technologies Group (the “Issuer”)
Item 1(b).
Address of Issuer’s Principal Executive Offices:
08 Kallang Avenue
Aperia tower 1, #09-03/04
Singapore 339509
Item 2(a).
Name of Person Filing:
(i) Mega Galaxy International Limited, and
(ii) Yuesheng Ge
(collectively, the “Reporting Persons”).
Item 2(b).
Address of Principal Business Office or, if none, Residence:
The addresses of the Reporting Persons are:

(i) Mega Galaxy International Limited:
Vistra Corporate Services Centre, Wickhams Cay II
Road Town, Tortola, VG1110
British Virgin Islands
 
(ii) Yuesheng Ge:
Aperia Tower 1, #17-01
8 Kallang Avenue
Singapore 339509
Item 2(c)
Citizenship:
Mega Galaxy International Limited – British Virgin Islands
Yuesheng Ge – Chinese
Item 2(d).
Title of Class of Securities:
Class A ordinary shares, par value US$0.0000001 per share
Item 2(e).
CUSIP Number:
G11448100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:
Not applicable
 
Item 4.
 
Ownership:

Reporting Person
 
Amount of shares
beneficially
owned:
   
Percent
of class A ordinary shares(1):
   
Percent
of ordinary shares(1):
   
Percent of
aggregate
voting
power:
   
Sole power to
  vote
or direct
the vote:
   
Shared
power
to vote or
to direct
the vote:
   
Sole power
to
dispose or to
direct the
disposition
of:
   
Shared
power
to dispose or
to direct the
disposition of:
 
Mega Galaxy International Limited
   
9,115,319
     
13.1
%
   
7.7
%
   
1.6
%
   
9,115,319
     
0
     
9,115,319
     
0
 
Yuesheng Ge
   
9,115,319
     
13.1
%
   
7.7
%
   
1.6
%
   
9,115,319
     
0
     
9,115,319
     
0
 


(1)
The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 118,009,439 ordinary shares of the Issuer outstanding as of December 31, 2023, including 69,609,517 class A ordinary shares and 48,399,922 class V ordinary shares.

Item 5.
Ownership of Five Percent or Less of a Class:
Not applicable
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
Not applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person:
Not applicable

4

Item 8.
Identification and Classification of Members of the Group:
See Item 2(a) in lieu of an exhibit.
Item 9.
Notice of Dissolution of Group:
Not applicable
Item 10.
Certifications:
Not applicable

5

EXHIBIT INDEX
 
Exhibit No.
 
Description
 
Joint Filing Agreement


SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Dated: February 5, 2024
 
   
 
Mega Galaxy International Limited
   
 
By:
/s/ Yuesheng Ge    
 
Name: Yuesheng Ge
  Title: Director
   
 
Yuesheng Ge
 
/s/ Yuesheng Ge
   




Exhibit 99.1
 
JOINT FILING AGREEMENT
 
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the class A ordinary shares, par value $0.0000001 per share, of Bitdeer Technologies Group, a Cayman Islands exempted company, and that this Agreement may be included as an exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
 
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 5, 2024.

 
Mega Galaxy International Limited
   
 
By:
/s/ Yuesheng Ge  
 
Name: Yuesheng Ge
 
Title: Director
   
 
Yuesheng Ge
   
 
/s/ Yuesheng Ge