Bitdeer announces the issuance of $150 million in convertible bonds for data center expansion and more
PANews reported on August 16 that Bitdeer Technologies Group, a Bitcoin mining company under Wu Jihan (NASDAQ stock code: BTDR), announced the pricing of its public issuance of $150 million 8.50% convertible senior notes. The issuance is expected to be completed by August 20, 2024. The notes will mature in 2029, and holders can choose to convert the notes into cash or Class A common shares of the company. Bitdeer plans to use the proceeds from this issuance for data center expansion, ASIC miner development and other general corporate purposes. BTIG is the sole bookrunner for this issuance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Current Positions of the Three Major Bankrupt Contract Whales: AguilaTrade 40x Long on Bitcoin
ODIN•FUN Releases Public Smart Contract Audit Report
Santiment: Surge in Fed Rate Discussions May Signal Danger for the Crypto Market
Trending news
MoreCrypto prices
More








