bitdeer

Tether Expands Holdings in Bitdeer and Reports Record Profits

* Tether now owns 25% of Bitdeer shares, becoming the second-largest shareholder. * Bitdeer's shares are trading at $7.15, up 2% since U.S. markets opened. * Tether closed a $100 million private placement deal with Bitdeer, acquiring 23,587,360 shares. * Tether reported a record $4.52 billion profit

bitdeer

Bitdeer Secures Funding from Tether for Cryptocurrency Mining Expansion

* Tether invests up to $150M in Bitdeer for data center expansion and ASIC development. * $100M raised in private placement, with potential for additional $50M from warrant. * aims to enhance mining efficiency and sustainability with new capital. * Tether's investment reflects confidence in Bitdeer's vision and operations. * Bitdeer&