Bitdeer Fuels Expansion with $330 Million Convertible Notes Offering

preview image

Bitdeer Technologies Group, a leading Bitcoin mining company, has announced a significant financial maneuver, pricing an upsized US$330 million offering of 4.875% Convertible Senior Notes due 2031. This strategic capital raise aims to fuel the company's expansion in Bitcoin mining and artificial intelligence operations, despite a recent dip in its stock price.

Read more

Comments

Post a Comment

Popular posts from this blog

BitMEX Exposes Lazarus Group's Cyber Security Vulnerabilities

Image
BitMEX's security team has exposed significant operational security vulnerabilities within the Lazarus Group, a North Korean state-sponsored cybercrime organization. Their counter-operations probe revealed critical lapses, including exposed IP addresses, database access, and tracking algorithms, offering unprecedented insight into the group's methods and structure. Read more
Read more