Tether Expands Investment in Bitcoin Mining Firm Bitdeer

On March 18, 2025, Tether, the issuer of the USDT stablecoin, has significantly increased its investment in Bitdeer (BTDR), a prominent Bitcoin mining company. This move builds on Tether’s initial investment made almost a year ago.

The expanded stake, now at 21%, was disclosed through a filing with the U.S. Securities and Exchange Commission. The purchase was funded through Tether’s operational capital.

Tether’s initial involvement with Bitdeer occurred in May 2024, when the company committed $100 million for 18.59 million Class A shares, alongside an option to acquire an additional 5 million shares at $10 per share.

Riding high on its record-breaking profits of $13 billion in 2024, Tether is diversifying its investments. Beyond Bitdeer, the company has also invested in Italy’s Juventus FC and is in the process of negotiating for a controlling stake in Adecoagro, a major agricultural commodities producer based in Latin America.

As of pre-market trading on Nasdaq, Bitdeer’s stock remains unchanged at $10.56 per share.