Bitdeer has completed a $330 million convertible bond issuance with a coupon rate of 4.875% and maturing in 2031. This is the third time in nearly a year that this Bitcoin mining company has raised funds through convertible bonds, with the funds being used for SEALMINER mining machine research and data center expansion. This private placement is aimed at qualified institutional investors, with a size exceeding the original $300 million target and including $45 million in additional subscription rights.