Tether Increases Stake in Bitcoin Miner Bitdeer

Tether Expands Bitcoin Mining Ventures with 21.4% Bitdeer Stake

Tether’s investment announcement on March 18, 2025, marks a significant increase in its holdings in Bitdeer Technologies Group. According to Paolo Ardoino, Tether’s CEO, their stake now stands at 21.4%, reaffirming their push into the Bitcoin mining ecosystem. Jihan Wu, founder of Bitdeer, welcomed the investment, highlighting potential innovations in sustainable Bitcoin mining.

“Our increased stake in Bitdeer to 21.4% reflects our commitment to supporting critical infrastructure in the Bitcoin ecosystem. We look forward to collaborating on sustainable mining solutions.” – Paolo Ardoino, CEO, Tether

The strategic move aligns Tether’s interests with critical Bitcoin infrastructure, indirectly diversifying its portfolio beyond stablecoin operations. This capital infusion is expected to support Bitdeer’s leadership in sustainable solutions, fostering synergies between the two entities.

Market participants witnessed Bitcoin’s price elevate by 2.3% to $81,948 as of the data acquisition, while Bitdeer’s stock remained stable in pre-market assessments. Cryptocurrency analyst Willy Woo suggests this trend might inspire other stablecoin issuers to explore similar portfolios. Industry leaders shared their insights through various platforms, with a notable endorsement from Linghui Kong on Bitdeer’s blog.

Tether’s Strategic Investment Impact on Bitcoin Mining Sustainability

Did you know?
In 2024, Tether first invested $100 million in Bitdeer, when Bitcoin priced at $59,320.

Bitcoin is currently trading at $81,948, having changed +2.3% within 24 hours. Analysts are observing closely how this trend aligns with previous market highs, offering insight into potential resistance levels near $82,000, amid relatively moderate RSI values.

Experts highlight Tether’s investment as a vehicle to potentially drive sustainable practices within the Bitcoin mining industry. Past predicaments in carbon-intensive operations may see mitigation efforts through such partnerships, bolstered by recent advancements and supporting data.