Stablecoin issuer Tether has expanded its stake in Bitcoin mining company Bitdeer, aiming to strengthen its position in the cryptocurrency sector.
Tether and Bitdeer: Investment Expansion
According to filings with the US Securities and Exchange Commission, Tether now owns 31,891,689 shares of Bitdeer, accounting for 21.4% of the company's outstanding shares. This investment expansion in Bitcoin mining aligns with Tether's broader strategy to diversify its financial assets.
GENIUS Act and Its Impact on Tether
The GENIUS Act, which regulates stablecoin issuers, was approved by the US Senate Banking Committee. Alex Thorn from Galaxy Digital states that the GENIUS Act could improve Tether's operational flexibility. The main restrictions for unregistered issuers are the prohibition of interbank settlement using USDT and its marketing as a 'stablecoin'.
Achievements and Strategies of Bitdeer
The mining company Bitdeer increased its Bitcoin holdings by 75% in 2025. The company implemented an innovative strategy by redirecting some of its equipment to self-mining, resulting in the mining of 110 Bitcoins in February. Bitdeer continues to develop its infrastructure in various regions worldwide.
Tether is boosting its investment activity in the cryptocurrency sector, while Bitdeer showcases successful results thanks to its strategic initiatives.
