Tether has increased its stake in Bitdeer, a cryptocurrency mining firm, to 21% according to a recent filing with the SEC. This maneuver highlights Tether’s growing influence and interests in the cryptocurrency mining sector. Previously, their holdings in Bitdeer stood at 20%, marking a significant investment leap that indicates Tether's confidence in the mining business amidst the ever-evolving digital assets landscape. The development reflects broader institutional interest in cryptocurrency mining and the ongoing validation of mining as a vital component of the blockchain ecosystem.

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