Bitdeer Boosts Bitcoin Holdings by 40.3 BTC, Secures $330 Million for Expansion

Bitdeer, a prominent player in the cryptocurrency mining industry, has significantly bolstered its Bitcoin holdings. The company added 40.3 BTC to its reserves this week, bringing its total holdings to 1,486.1 BTC as of June 27, 2025. This strategic accumulation is backed by strong mining output, reflecting Bitdeer's commitment to long-term Bitcoin accumulation.

Bitdeer's recent mining performance has been particularly impressive. In May, the company mined 196 BTC, marking an 18.1% increase from April. This achievement was supported by a self-mining hashrate of 13.6 EH/s, which was achieved through upgrades at sites in various locations. The deployment of SEALMINER rigs further enhanced operational efficiency, positioning Bitdeer to steadily increase its Bitcoin reserves over time.

To support its growth initiatives, Bitdeer recently secured $330 million through a convertible senior notes offering, with an option to increase this to $375 million. The funding is earmarked for expanding mining capabilities and supporting new AI and datacenter projects. The notes carry a 4.875% interest rate and are convertible into Bitdeer Class A shares at a 25% premium, underscoring strong investor confidence in the company's future prospects. This financial backing enables Bitdeer to continue scaling its operations without relying solely on mined revenue, indicating a diversified growth path that includes AI and datacenter ventures.