Tether partners with Swan to expand bitcoin mining operations
2024-05-08 12:03:35
Stablecoin issuer Tether has expanded its mining operations by partnering with Swan's Bitcoin Mining Management Service. According to the press statement, the company has invested a significant amount of money to establish its Bitcoin mining operations through Swan. The specific amount has not been disclosed. Swan's Bitcoin Mining Management Service allows institutional investors to invest at least $100 million into the Bitcoin mining ecosystem. Through this service, the company plans to provide customized mining operations based on the specific needs of customers.
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