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Shares in Bitdeer Technologies Group took a hit on Thursday after the Bitcoin mining and artificial intelligence infrastructure firm announced a $300 million convertible senior note offering.
Bitdeer said that it intends to offer a “principal amount” of $300 million in convertible senior notes with an option for purchasers to buy an additional $45 million in a private placement.
It is the second convertible note offering from the firm, following a $150 million offering in April 2024 that also…
https://cointelegraph.com/news/bitdeer-stock-drops-17-after-convertible-senior-note-offering?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
