Bitdeer Technologies (BTDR) Announces $150M Share and Warrant Offering
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Bitdeer Announces Up to $150 Million Private Placement Financing
May 31, 2024 8:00 AM EDTSINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (Bitdeer or the Company), a world-leading technology company for blockchain and high-performance computing, today announced that it entered into a subscription agreement with Tether International Limited (Tether) for the private placement of 18,587,360 Class A ordinary shares and a warrant to purchase up to 5,000,000 additional shares at $10.00 per share. The closing of the private placement occurred on May 30, 2024.
The transaction generated $100 million in gross proceeds from the share issuance and could provide an additional $50 million if the... More
