According to the report submitted to the U.S. Securities and Exchange Commission (SEC), over the past two months, Tether bought over 1.8 million shares of Bitdeer in the open market. Now Tether Holdings, registered in Salvador, owns 31,891,689 Bitdeer shares: Tether International has 23,773,987 shares (15.9% of the total number), and Tether Investments – 8,117 702 shares (5.6%).
The USDT issuer invested in Bitdeer by closed promotion in the spring of 2024. The miner was going to involve these funds to finance the construction of data processing centers (data centers) and the creation of new mining farms in Singapore.
Tether set a goal to bring a share in the total world volume of computing capacities of the bitcoin network to 1%. The head of the company Paolo Ardoino refused to predict the exact dates of this mark, but emphasized that Tether is engaged in the construction of mining centers in Uruguay, Paraguay and Salvador.
Previously, Tether entered into a partnership with the popular Italian football club Juventus – the American company redeemed part of the club from Turin.
Source: Bits
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