🔥Hot off the press! Bitcoin miner Bitdeer (BTDR) has secured a whopping $100M from a private placement, with potential to hit $150M if fully exercised. 🚀

Bitdeer plans to use this cash injection to fund its data center expansion and ASIC-based mining rig development. The news sent Bitdeer's shares soaring over 4% in pre-market trading. 💰

Meanwhile, Tether, the world's largest stablecoin developer, is getting its hands dirty in the bitcoin mining business. It's agreed to purchase up to $150M worth of shares in Bitdeer. Tether's new unit is now laser-focused on investing in bitcoin mining. 🪙

What are your thoughts on Tether's move into bitcoin mining? And how will Bitdeer's expansion impact the crypto mining landscape? Let's discuss below! 👇 #CryptoNews #Bitdeer #Tether