Bitdeer Technologies to Issue $577.5 Million in Ordinary Shares

Bitdeer Technologies ( (BTDR) ) has shared an update.

Bitdeer Technologies Group is proceeding with the issuance and sale of up to $577.5 million worth of Class A ordinary shares, as authorized under their At Market Issuance Sales Agreement. This strategic move, filed with the U.S. Securities and Exchange Commission, is aimed at strengthening their financial standing and operational capabilities, possibly impacting their market position positively.

More about Bitdeer Technologies

Bitdeer Technologies Group operates in the technology industry, focusing on the offering and sale of ordinary shares. The company is incorporated as an exempted company with limited liability in the Cayman Islands.

YTD Price Performance: 91.68%

Average Trading Volume: 4,811,272

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.64B

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