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📌 Tether Invests an Additional $18 Million in Bitcoin Mining Firm Bitdeer

✅ Investment Scale & Increased Stake
- Tether has made an additional $18.2 million investment in Bitcoin mining company Bitdeer.
- With this investment, Tether now holds approximately 21.4% of Bitdeer’s outstanding shares.

✅ Background of Tether’s Investment in Bitdeer
- Previously invested $150 million and held an option to purchase 5 million additional shares at $10 per share.
- Bitdeer operates data centers in the U.S., Norway, and Bhutan.
Provides advanced cloud infrastructure to support AI-intensive workloads.

✅ Purpose of the Investment & Future Plans
- Expanding data centers.
- Developing ASIC-based Bitcoin mining equipment.
- Supporting general corporate activities.

📌 Tether Invests an Additional $18 Million in Bitcoin Mining Firm Bitdeer

✅ Investment Scale & Increased Stake
- Tether has made an additional $18.2 million investment in Bitcoin mining company Bitdeer.
- With this investment, Tether now holds approximately 21.4% of Bitdeer’s outstanding shares.

✅ Background of Tether’s Investment in Bitdeer
- Previously invested $150 million and held an option to purchase 5 million additional shares at $10 per share.
- Bitdeer operates data centers in the U.S., Norway, and Bhutan.
Provides advanced cloud infrastructure to support AI-intensive workloads.

✅ Purpose of the Investment & Future Plans
- Expanding data centers.
- Developing ASIC-based Bitcoin mining equipment.
- Supporting general corporate activities.

https://thecryptobasic.com/2025/03/18/tether-increases-bitcoin-mining-stake-with-additional-18m-investment-in-bitdeer/

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