Tether, the stablecoin issuer behind USDT, has acquired a 25% stake in Bitcoin mining company Bitdeer. According to an SEC filing, Tether now controls 23,587,360 shares, making it the second-largest shareholder. This investment, following a $100 million private placement deal, will fund Bitdeer's expansion of data centers and development of mining rigs. This partnership signifies a major move for Tether in the Bitcoin mining industry.
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