【Bitdeer plans to issue $360 million convertible senior notes for data center expansion and mining machine R&D】According to a report by Jinse Finance, Bitdeer announced that it will issue $360 million of 5.25% convertible senior notes to qualified institutional investors, with a maturity date of 2029. Initial purchasers may purchase an additional $40 million principal notes within 13 days after the issuance, and the transaction is expected to be completed by November 26. The initial conversion price of the notes is $15.95 per share, a premium of 42.5% compared to the closing price on November 21. After deducting related expenses, the expected net fundraising is about $348.2 million, and if the additional subscription amount is fully exercised, the net fundraising will reach $387 million. The funds will be used for data center expansion, ASIC mining machine R&D and manufacturing, and daily operations. The company also announced that it has reached an exchange agreement with some holders of 8.50% convertible bonds maturing in 2029.