According to Wu Blockchain, Bitdeer announced an increase in the originally planned $300 million convertible senior notes issuance to $325 million, with a coupon rate of 5.00% and a maturity date of March 1, 2032. The company has also granted underwriters an overallotment option of up to $50 million, with the transaction expected to close on February 24. Bitdeer anticipates net proceeds of approximately $315 million, part of which will be used for a $29.2 million hedging transaction and approximately $138.2 million to repurchase 5.25% convertible bonds maturing in 2029. The remaining funds will be allocated to data center expansion, HPC and AI cloud business growth, ASIC miner research and manufacturing, and general corporate purposes. On the same day, Bitdeer also announced a private placement plan to issue 5.5 million shares of Class A common stock at $7.94 per share. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57017