BTCC
/
BTCC Square
/
Coindesk
/
Bitdeer Secures Whopping $330M in Convertible Notes – Bullish Bet or Desperate Move?
Bitdeer Secures Whopping $330M in Convertible Notes – Bullish Bet or Desperate Move?
5
1
Crypto mining giant Bitdeer just pulled off a $330 million power play—but is it fuel for growth or a lifeline?
The Convertible Notes Gambit
Raising capital via convertible debt screams 'high-risk, high-reward'—investors get upside exposure while pretending they’re holding something safer than equity. Classic Wall Street alchemy.
Mining’s Make-or-Break Moment
With Bitcoin’s hash rate wars heating up, $330M buys a lot of ASICs. Or pays off a mountain of existing debt. Place your bets.
The Cynical Take
Another crypto firm trading future equity for today’s cash infusion. Because nothing says 'confidence' like avoiding a straight equity raise. Just don’t ask about the conversion terms.
By:
