Bitdeer plans to privately issue $300 million convertible bonds (with an additional $45 million possible), due in 2032. The stock price has dropped 17%, raising concerns about dilution. Funds will be used for data centers, AI cloud, mining equipment, and company operations. The plan includes a cap on buy-in options to mitigate.$BTDR
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Bitdeer plans to privately issue $300 million convertible bonds (with an additional $45 million possible), due in 2032. The stock price has dropped 17%, raising concerns about dilution. Funds will be used for data centers, AI cloud, mining equipment, and company operations. The plan includes a cap on buy-in options to mitigate.$BTDR