Tether increases its share in Bitdeer Technologies

pregnancyThe leading company in the Stablecoin sector, has strengthened its presence in Bitcoin mining by increasing its share in Bitdeer techniques (btdr).

According to the documents submitted to the US Securities and Stock Exchange Committee (SEC), the company acquired more shares in the cryptocurrency mining.

Tether now has 21.4 % of Bitdeer Technologies shares

From official documents, this appears pregnancy Its subsidiary companies – SA De Cv and Tether Investments, SA De Cv – Now 31,891,689 ordinary arrows from Bitdeer.

This post represents 21.4 % of Bitdeer’s total sharesTether gave an important position within the company.

Tether is mainly known as stablecoin USDTOne of the most digital currencies used in the bull market and bear in encrypted currencies.

However, the company has expanded its scope in recent years by investing in Bitcoin mining, energy infrastructure, and artificial intelligence.

Bitdeer: My vertical integration in bitcoin mining

Bitdeer, founded before Jihan WooIt is one of the leading companies in Bitcoin mining sector.

The company adopted a Vertical integration The strategy, and expanding its control at each stage of the mining process, from the production of chips to the energy management needed to operate the data centers.

Recently, Bitdeer has announced the results of the laboratory test for a new segment, SEALMINER A3Which showed the efficiency below 10 j/w.

This data can be a step forward for the mining sector, which reduces costs and improves the sustainability of operations.

Bitdeer is involved in a strong bear

Despite technological progress and a major investor support like Tether, Bitdeer shares (BtdrWe are More than 50 % decreased Since the beginning of the year. At the time of publication, the stock is traded at $ 10.48.

The negative trend can be linked to the volatility Coded Market and organizational doubts that affect companies in the sector.

A future linked to the development of the encryption sector

The increase in Tether’s share in Bitdeer confirms the increasing interest of companies in the encryption sector in Mining and energy Infrastructure.
With the maturity of the market, strategic investments such as a future can determine Bitcoin production And its sustainability.