Bitdeer (BTDR) Technologies Group announced the pricing of $400M principal amount of 4.00% Convertible Senior Notes due 2031 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Bitdeer also granted the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60M principal amount of notes. The sale of the notes is expected to close on November 17, 2025, subject to customary closing conditions.
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