Bitdeer Technologies Group, a prominent Bitcoin mining and technology company, has entered into a substantial private placement financing deal with Tether, amounting to a maximum of $150 million. This arrangement, which was finalized on Thursday, encompasses the private placement of 18,587,360 Class A ordinary shares, along with a warrant to acquire up to 5,000,000 additional shares at $10.00 each. The conclusion of this private placement on May 30, 2024, marks a pivotal moment in their collaboration, with the potential for further revenue generation through the warrant.