Bitdeer Announces $100 Million Investment From Tether
Submitted by Anonymous (not verified) on Fri, 05/31/2024 - 18:50

Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said.
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
On-chain data shows the Bitcoin mining hashrate has sharply rebounded from its post-Halving lows and has achieved a new all-time high (ATH).
Bitfarms' shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot's announcement.


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