Bitdeer Stock Falls as Bitcoin Miner Aims to Raise $330 Million

Description

Publicly traded Bitcoin miner Bitdeer aims to raise $330 million through a convertible notes offering, the firm announced on Wednesday, with its stock price falling further to extend recent losses.

Authors

Logan Hitchcock

Publish date

June 19, 2025

Publisher

Decrypt

Web URL

https://decrypt.co/325884/bitdeer-stock-falls-bitcoin-miner-raise-330-million

Referenced by

Bitdeer raises $330M in convertible notes

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Instead, the Singapore-based mining firm will use $129.6 million to pay zero-strike call options, $36.1 million to pay cash considerations, and the remaining proceeds for “data center expansion, ASIC-based mining rig development and manufacture, as well as working capital and other general corporate purposes.

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Quote

Publicly traded Bitcoin miner Bitdeer aims to raise $330 million through a convertible notes offering, the firm announced on Wednesday, with its stock price falling further to extend recent losses.

Crypto news

Quote