BitDeer has completed the issuance of $330 million convertible bonds
2025-06-18 14:50:40
Bitdeer completed the issuance of $330 million convertible bonds with a coupon rate of 4.875% and maturing in 2031. This is the third time in nearly a year that the bitcoin miner has raised convertible bonds, and the funds will be used for the research and development of the SEALMINER mining machine and the expansion of the data center. The private placement is open to qualified institutional investors, and the scale is exceeded the original target of 300 million US dollars, and includes 45 million US dollars over-allotment rights.
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