Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations

Description

Bitdeer is raising $330 million through convertible notes to expand its Bitcoin mining and AI infrastructure, following strong growth and recent funding rounds.

Authors

Jenna Montgomery

Publish date

June 18, 2025

Publisher

Bitcoin Magazine

Web URL

https://bitcoinmagazine.com/news/bitdeer-raises-330m-to-expand-bitcoin-mining-and-ai-operations

Referenced by

The offering is targeted at qualified institutional buyers under Rule 144A of the Securities Act. If investors exercise an option to buy more within 13 days, the offering could reach $375 million.

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Bitdeer raises $330M in convertible notes

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News story

Singapore-based Bitcoin mining firm Bitdeer Technologies Group has launched a $330 million convertible notes offering, aiming to strengthen its mining operations, develop ASIC rigs, and scale its AI infrastructure.

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