JIHAN WU
![Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer](https://img.etimg.com/thumb/msid-110600382,width-100,height-75,resizemode-4/markets/cryptocurrency/tether-acquires-100-million-stake-in-us-listed-bitcoin-miner-bitdeer.jpg)
Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer
The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday.
![Bhutan to upgrade Bitcoin mining in Himalayas as 'halving' looms](https://img.etimg.com/thumb/msid-109051452,width-100,height-75,resizemode-4/markets/cryptocurrency/bhutan-to-upgrade-bitcoin-mining-in-himalayas-as-halving-looms.jpg)
Bhutan to upgrade Bitcoin mining in Himalayas as 'halving' looms
The partnership between Druk Holding & Investments and Nasdaq-listed crypto mining firm Bitdeer aims to invest in boosting Bhutan’s mining capacity sixfold through the introduction of cutting-edge hardware.
![Bhutan, Bitdeer plan $500 million green crypto fund](https://img.etimg.com/thumb/msid-99979495,width-100,height-75,resizemode-4/markets/cryptocurrency/bhutan-bitdeer-plan-500-million-green-crypto-fund.jpg)
Bhutan, Bitdeer plan $500 million green crypto fund
Bhutan's investment arm Druk and crypto-mining firm Bitdeer plan to raise $500m to launch carbon-free mining centres using hydropower. The initiative will also involve investment in renewable energy such as hydrogen. Bhutan, situated between China and India, is carbon-negative and to comply with its constitution, 60% of the country has to remain covered in forest. The partnership with Bitdeer is part of the country's efforts to diversify its economy and is an investment in a more sustainable, connected domestic economy, according to CEO Ujjwal Deep Dahal.
![Cryptocurrency tycoons will soon find out how rich they really are](https://img.etimg.com/thumb/msid-65570633,width-100,height-75,resizemode-4/small-biz/startups/newsbuzz/cryptocurrency-tycoons-will-soon-find-out-how-rich-they-really-are.jpg)
Cryptocurrency tycoons will soon find out how rich they really are
The secretive bosses of Bitmain Technologies, Canaan and Ebang are all facing the prospect of public-market scrutiny for the first time as they pursue stock listings in Hong Kong.
![Bitcoin mining mogul Jihan Wu of Bitmain Technologies is mulling an IPO](https://img.etimg.com/thumb/msid-64529625,width-100,height-75,resizemode-4/markets/ipos/fpos/bitcoin-mining-mogul-jihan-wu-of-bitmain-technologies-is-mulling-an-ipo.jpg)
Bitcoin mining mogul Jihan Wu of Bitmain Technologies is mulling an IPO
Wu runs Bitmain Technologies, the world’s dominant producer of cryptocurrency mining chips.
![Bitcoin civil war: Currency headed for its most turbulent stretch yet?](https://img.etimg.com/thumb/msid-59539115,width-100,height-75,resizemode-4/markets/stocks/news/bitcoin-civil-war-currency-headed-for-its-most-turbulent-stretch-yet.jpg)
Bitcoin civil war: Currency headed for its most turbulent stretch yet?
The possibility that bitcoin will split in two would send shockwaves through the market.