Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Bitdeer Technologies Group, a leading Bitcoin mining company spun off from Bitmain and based in Singapore, has announced plans to raise $330 million through its third convertible notes offering due in 2031. This marks the company's third capital raise in less than a year as it continues to expand its Bitcoin ASIC mining infrastructure. The recent $330 million convertible bond issuance is priced at a 60% discount, enabling Bitdeer to reduce its Bitcoin mining debt by 8.5%. Following the announcement, Bitdeer's stock experienced a decline.
Bitdeer Stock Falls as Bitcoin Miner Aims to Raise $330 Million ► https://t.co/HST0ouHrOR https://t.co/HST0ouHrOR
⚡️ LATEST: Bitcoin miner Bitdeer is aiming to raise $330 million through its third convertible notes offering. https://t.co/fKOQrXjsxB
BITDEER SEEKS $330M THROUGH THIRD CONVERTIBLE NOTES OFFERING Bitdeer Technologies Group, one of the world's largest Bitcoin miners, is raising $330 million via a third convertible notes deal. The Singapore–based crypto‑mining giant, spun off from Bitmain, plans to use the https://t.co/Hp1Qcn76UJ https://t.co/OSF1jWkIGJ