Bitdeer conducted two previous convertible notes offerings prior to its June 18, 2025, raise, securing $150 million in August 2024 and $360 million in November 2024.

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Bitdeer's prior convertible notes offering occurred last year, with a $150 million debt raise in August and another $360 million offering in November.

This is Bitdeer’s third convertible notes raise. Previously, the company secured $150 million in August and $360 million in November last year.