Bitdeer Announces Proposed Private Placement of US$300.0 Million of Convertible Senior Notes

SINGAPORE, June 17, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced that it intends to offer, subject to market conditions and other factors, US$300.0 million principal amount of Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$45.0 million principal amount of notes.

Source: https://www.globenewswire.com/news-release/2025/06/17/3101073/0/en/Bitdeer-Announces-Proposed-Private-Placement-of-US-300-0-Million-of-Convertible-Senior-Notes.html