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Bitdeer announced that it will issue a $360 million 5.25% convertible senior note to qualified institutional investors with a maturity date of 2029. Initial purchasers can purchase an additional $40 million principal note within 13 days of issuance, with the transaction expected to close on November 26. The initial conversion price of the notes is $15.95 per share, a 42.5% premium to the closing price on November 21. After deducting related expenses, it is expected that the net raising will be a...
Hong Kong authorities have cracked a 360 million Hong Kong dollar ($46.30 million) scam involving cryptocurrencies and arrested 27 suspects. Hong Kong police launched a special operation code-named "Secret Words" earlier this month and arrested 27 suspects suspected of plotting an online love scam over a period of about a year and luring victims to invest in cryptocurrencies, eventually defrauding them of their money, local news outlet HK01 reported on Tuesday.
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