Bitdeer, a crypto mining company, announced a significant increase in its Bitcoin reserves, reflecting growing interest from institutional investors in this cryptocurrency.
Increase in Bitdeer Reserves
Bitdeer reported a **36.9 BTC** increase in their reserves, raising their total to **1,445.8 BTC** as of June 20, 2025. Founder and Chairman Jihan Wu highlights the importance of transparency and technical innovation in their strategy.
Tether's Investment and Its Significance
Tether provided **$50 million** to Bitdeer, supporting their expansion capabilities. This addition to the reserves bolsters institutional confidence in Bitcoin as a treasury asset.
Outlook for Institutional Bitcoin Investments
With the increase in Bitdeer's reserves, a global trend towards institutional inclusion of cryptocurrencies is observed. This may impact regulatory measures and standards within the industry. Expectations exist that technological improvements in mining practices will also become a significant topic moving forward.
Bitdeer's actions underscore the growing institutional confidence in Bitcoin, which may significantly impact market liquidity and future regulation in the crypto industry.
