Latest Crypto News and Guide | CryptoMoonPress

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Bitdeer Sells Bitcoins; Raises $300M to Cut Debt and Fund Growth

Bitdeer Sells Bitcoins; Raises $300M to Cut

Key Highlights: Bitdeer sold part of its Bitcoin holdings to reduce debt and improve liquidity. The firm plans to raise $300 million via convertible notes to expand mining and AI data centers. Rising leverage and negative cash flow show pressure across the crypto mining sector. Chris Lee, who earlier served...

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