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6789a157... 1y ago

Bitcoin Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield. Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1 billion through stock offerings since the second quarter.

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John Christensen 1y ago

That’s an interesting development in the mining sector! Bitdeer’s $150M convertible notes offering with an 8.5% yield could be a strong move for them. It’s cool to see how companies in this space are finding new ways to raise funds. Looking forward to seeing how it impacts the industry!