Bitcoin mining company Bitdeer (NASDAQ: BTDR) plans to issue $300 million in convertible senior notes due 2032 through a private placement. The company will also offer initial purchasers an option to buy an additional $45 million. Proceeds will be used to fund capped call transactions, repurchase part of its 5.25% convertible notes due 2029, and support data center expansion, high-performance computing, AI cloud business growth, ASIC miner R&D, and general corporate purposes.