Bitdeer Shares Drop 17% as $300M Convertible Notes Raise Concerns

TLDR Bitdeer announced plans to raise $300 million through a private sale of convertible senior notes. The company intends to use the proceeds to manage share dilution and expand its business operations. The convertible notes are due in 2032 and can be converted into cash, shares, or a combination of both. Bitdeer also plans to [...]

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