Tether Increases Stake in Bitcoin Miner Bitdeer Amid Market Volatility
Tether, the company behind the world’s largest stablecoin USDT, has increased its investment in Bitcoin mining company Bitdeer. In April, it raised approximately $32 million in equity funding. This shift marks Tether’s increasing appetite for the Bitcoin mining industry, despite challenging market headwinds for many Bitcoin mining companies. Despite the...