Bitdeer Technologies Intends To Offer Class A Ordinary Shares To Holders Of Its 5.25% Senior Notes Due 2029; Terms Not Disclosed

Author: Benzinga Newsdesk | November 12, 2025 04:06pm

Bitdeer Technologies Group (Nasdaq: BTDR) ("Bitdeer"), a world-leading technology company for Bitcoin mining and AI cloud, today announced that it intends to offer, subject to market and other conditions, shares of its Class A ordinary shares, par value US$0.0000001 per share (the "Class A ordinary shares"), to certain holders of its 5.25% convertible senior notes due 2029 (the "November 2029 notes") in a direct placement registered under the Securities Act of 1933, as amended (the "Securities Act") (such placement, the "registered direct offering"). The number of Class A ordinary shares to be sold, and the price per Class A ordinary share, will be determined at the pricing of the registered direct offering.

Posted In: BTDR