USDT issuer Tether holds 25% of BitDeer shares and is the second largest shareholder

According to a document disclosed by the U.S. Securities and Exchange Commission, Tether, the issuer of the U stablecoin, currently holds a 25% stake in the Bitcoin mining company Bitdeer. This makes the company behind Tether (USDT) the second largest shareholder of BTC mining machine shares, second only to Victory Courage Ltd., which is reportedly registered under the name of Wu Jihan. (decrypt)