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Bitdeer announces plan to offer $400 million principal amount of convertible senior notes due 2031
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Bitdeer announces plan to offer $400 million principal amount of convertible senior notes due 2031
A few days after a fire gutted Bitdeer’s under-construction Bitcoin mining facility in Massillon, Ohio, Bitdeer Technologies Group has announced the pricing of a $400 million private placement of convertible senior notes due in 2031. It is offering the placement to qualified institutional buyers under Rule 144A. Net proceeds are estimated at approximately $388 million, but that value could reach $446.4 million if the $60 million underwriter opt…
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