Tether Charts Strategic Course in Bitcoin Mining, Plans $500 Million Infusion – Mining Bitcoin News
November 17, 2023
Tether Holdings Ltd., the issuer of the leading stablecoin in terms of market value and trade volume, is poised to become a formidable player in the mining industry, as revealed by its CEO, Paolo Ardoino. On Thursday, Ardoino announced the company’s intention to channel approximately $500 million into its mining business over the next six months.
Tether’s Mining Ambition: A $500 Million…