Bitcoin Mining Stock Bitdeer Technologies Is Sliding After The Bell: What’s Sparking The Sell-Off?
Posted On June 17, 2025
Bitdeer Technologies Group (NASDAQ:BTDR) shares are trading lower in Tuesday’s after-hours session after the company announced a proposed private placement of convertible senior notes.
What Happened: Bitcoin (CRYPTO: BTC) mining company Bitdeer announced plans to offer $300 million of convertible senior notes due 2031 in a private placement to institutional buyers. The company plans to grant the initial purchasers a 13-day window to purchase up to an additional $45 million of the notes.
Bitdeer expects to use a portion of the …
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