BlockBeats News, March 18th, Tether significantly increased its holdings in leading Bitcoin mining company Bitdeer Technologies Group. This strategic move highlights Tether's growing involvement in the Bitcoin mining ecosystem, expanding its investment portfolio beyond stablecoin operation.
According to recent filings submitted to the U.S. Securities and Exchange Commission (SEC), Tether and its subsidiaries currently collectively hold 31,891,689 shares of Bitdeer's Class A common stock, representing approximately 21.4% of the total number of shares issued by the company. Previously, in May 2024, Tether acquired $100 million worth of Bitdeer shares through a private placement and has the option to purchase an additional $50 million worth of shares within 12 months.
Reportedly, the relationship between Tether and Bitdeer is not merely a passive investment but rather a strategic partnership aimed at strengthening the Bitcoin infrastructure. By acquiring a significant stake in a major mining company, Tether positions itself as a direct contributor to the stability and sustainability of the Bitcoin network. (Financefeeds)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。