Bitdeer Technologies Group Announces Cleanup Redemption and Conversion Option for $7.7 Million Convertible Senior Notes

Reuters

Sep 08

<a href="https://laohu8.com/S/BTDR">Bitdeer Technologies Group</a> Announces Cleanup Redemption and Conversion Option for $7.7 Million Convertible Senior Notes

Bitdeer Technologies Group has announced a cleanup redemption of its outstanding 8.50% Convertible Senior Notes due 2029, totaling $7.7 million. The company plans to redeem all such notes on September 23, 2025, at a redemption price equal to 100% of the principal amount plus accrued interest. Holders of these notes have until September 19, 2025, to convert them into Class A ordinary shares at an enhanced conversion rate. This move allows Bitdeer to streamline its debt obligations and potentially increase its equity base.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitdeer Technologies Group published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-085290), on September 08, 2025, and is solely responsible for the information contained therein.

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ID: 0001213900-25-085290), on September 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTDR","symbol_name":"Bitdeer Technologies Group","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250908:nNDL2KLv3B:1","article_id":"2565860476","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2565860476","pubTimestamp":1757332921,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Bitdeer Technologies Group has announced a cleanup redemption of its outstanding 8.50% Convertible Senior Notes due 2029, totaling $7.7 million. 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