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

June 1, 2024, 7:30 a.m. 6 months, 3 weeks ago

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 …


Read more on Bitcoinist

Who, What & Where

Jihan Wu

Jihan Wu


Jihan Wu is a well-known figure in the cryptocurrency world, primarily recognized …