Bitdeer Technologies (BTDR) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.
