Category: Bitdeer

  • Bitdeer Expands ASIC Chip Capabilities With Acquisition Of Desiweminer In $140 Million All Stock Deal

    In a strategic move to strengthen its position in the rapidly developing field of cryptocurrency mining, It’s running, The leading blockchain and high-performance computing technology company has announced an all-stock acquisition Miner, designer of the famous Bitcoin mining chips. This stock purchase agreement, valued at $140 million, represents an important…

  • Stablecoin Giant USDT (Tether) Solidifies Foothold In Bitcoin Mining With 25% Stake In Bitdeer

    In an exciting development, the issuer of the stablecoin USDT, pregnancy, made a strategic investment by acquiring a significant 25% stake in prominent Bitcoin mining company, Bitdeer. The move, as confirmed by a recent SEC filing, places Tether as Bitdeer’s second-largest shareholder, after Victory Courage Ltd., a company linked to…

  • Tether Throws Hat in Ring with $100 Million Bitdeer Investment

    Stablecoin issuer Tether Holdings has acquired a significant stake in Bitdeer Technologies Group, a US-listed bitcoin mining company owned by Chinese billionaire Jihan Wu. This acquisition includes an investment of US$100 million, with an option to purchase additional shares worth US$50 million over the next year. Investment facilitates the expansion…