Bitdeer’s convertible notes carry a 4.875% annual interest rate, mature in 2031, and are convertible at a 25% premium over the current share price.

Quotes that support claims

The notes, due in 2031, carry an annual interest rate of 4.875% and may be converted into Bitdeer Class A shares at a 25% premium to the current stock price of $11.84, placing the conversion price at approximately $15.88 per share.

Bitdeer investors would get 4.875% annual interest on the purchased notes until 2031, with the ability to convert their notes 25% higher than the firm’s current stock price.