Significant Investments in Bitcoin Mining Sector
Bitdeer recently secured a substantial amount of funding through a private placement, raising a staggering $100 million with the potential to increase to $150 million upon full execution. This substantial investment underscores the growing interest and confidence in the bitcoin mining industry.
Strategic Move by Tether
Tether, a well-known stablecoin issuer, has made a strategic decision to establish a dedicated unit focusing on investments in bitcoin mining. This strategic move demonstrates Tether’s commitment to diversifying its investment portfolio and exploring new opportunities within the cryptocurrency sector.
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