Stablecoin Issue Tether Increases Ownership in Bitcoin Miner Bitdeer
A new SEC filing on June 4 shows that Tether, the company behind USDT, owns 25% of Bitcoin miner Bitdeer’s shares. A recent filing by the United States Securities and Exchange Commission (SEC) shows that Tether, a stablecoin issuer, currently manages 25% of shares for Bitdeer, a Bitcoin miner. Tether Increases Stake in Bitcoin Mining
Stephen CausbyUpdated 2 min read
A new SEC filing on June 4 shows that Tether, the company behind USDT, owns 25% of Bitcoin miner Bitdeer’s shares.
A recent filing by the United States Securities and Exchange Commission (SEC) shows that Tether, a stablecoin issuer, currently manages 25% of shares for Bitdeer, a Bitcoin miner.
That makes the firm behind Tether (USDT), the second-biggest shareholder of the Bitcoin miner’s share, behind Victory Courage., which is registered to Jihan Wu, Bitdeer’s chief executive officer. Prior to his March appointment, Wu was Bitmain’s ex-chief and co-founder.
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