BitDeer to Issue $150 million Convertible Bond
2024-08-16 11:55:38
Bitdeer bitdeer technologies group announced public release 1.5desk3cryptocurrencydesktopCrypto News
Bitdeer Technologies Group has announced plans to publicly issue $150 million convertible notes with a maturity date of August 15, 2029, to expand its data center and develop ASIC-based mining rigs. The notes will have an annual interest rate of 8.5%. Bitdeer said the notes will be senior unsecured debt to the company unless converted, redeemed or repurchased early.
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