tiprankstipranks
Bitdeer Technologies to Launch $360 Million Note Offering
Company Announcements

Bitdeer Technologies to Launch $360 Million Note Offering

Bitdeer Technologies (BTDR) has released an update.

Don't Miss Our Christmas Offers:

Bitdeer Technologies is planning a private placement of $360 million in Convertible Senior Notes due 2029 to qualified institutional buyers. The proceeds will be used for data center expansion, ASIC mining rig development, and other corporate purposes. This move could impact the market prices of Bitdeer’s shares and notes.

For further insights into BTDR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyCrypto Currents: Crypto firms buy bitcoin
TheFlyBitdeer price target raised to $24 from $15 at B. Riley
Annika MasraniMicroStrategy’s Debt-Fueled Bitcoin Strategy Sparks Risk Debate
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App