According to Wu Blockchain, Bitcoin mining company Bitdeer (NASDAQ: BTDR) announced plans to issue $300 million in principal amount of convertible senior notes due 2032 through a private placement. They also plan to grant initial purchasers an option to buy up to an additional $45 million. Part of the net proceeds from this issuance will be used to cover the cost of capped call transactions and to repurchase a portion of the 5.25% convertible notes due 2029. The remaining funds will primarily be allocated to data center expansion, high-performance computing (HPC) and AI cloud business growth, ASIC miner R&D and manufacturing, as well as working capital and other general corporate purposes. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56959