Bitdeer Technologies Stock News

Bitdeer Technologies Group shares were 7% lower, at $11.85, after the company priced $330 million of 4.875% convertible senior notes due 2031 in a private placement.

SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced the pricing of US$330.0 million principal amount of 4.875% Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional b...

Biomea Fusion commenced an underwritten public offering of shares. The stock sank 27% to $2.13 in postmarket trading Tuesday.

Bitdeer Technologies Group shares dropped in late trading after the Bitcoin mining technology company said it plans to offer $300 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...

- Increased self-mining hashrate to 13.6 EH/s on continued deployment of SEALMINERs- Sold and shipped 1.6 EH/s of SEALMINER A2s to external customers

Bitcoin miners finally join bitcoin's rally after notching a record last week. What is driving the recent surge?

Bitdeer's vertical integration and proprietary SEALMINER line set it apart, but Q1 results highlight margin pressure and significant cash burn. The company is aggressively pivoting to HPC/AI and scaling SEALMINER deployment, but execution risk has increased and efficiency lags peers. Liquidity is adequate for now, but continued cash outflows may force further dilution or reserve drawdowns if re...