Bitdeer Lands $100 Million Investment from Tether to Boost Bitcoin Mining Operations

Stablecoin issuer Tether Holdings Ltd. has invested $100 million in Bitdeer Technologies Group, a US-listed Bitcoin mining company owned by Chinese billionaire Jihan Wu.

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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.

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