Bitcoinist
2024-06-01 05:30:30

Tether Makes Major Move Into Bitcoin Mining With $100 Million Investment In This Firm

In a significant development, Tether, the issuer of the widely used stablecoin USDT, has acquired a $100 million stake in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu. Notably, the deal includes an option for Tether to purchase an additional $50 million shares within a year, strengthening its position in

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