Bitdeer Technologies (BTDR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.