Tether has agreed to purchase up to $150m worth of shares in

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Tether has agreed to purchase up to $150m worth of shares in Bitcoin miner Bitdeer, which is led by Jihan Wu. The agreement also includes a warrant to purchase an additional 5m shares at $10 apiece, which will provide an additional $50m if fully exercised. Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development.

Tether has agreed to purchase up to $150m worth of shares in Bitcoin miner Bitdeer, which is led by Jihan Wu.
The agreement also includes a warrant to purchase an additional 5m shares at $10 apiece, which will provide an additional $50m if fully exercised.
Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development.