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Tether Partners with Swan to Expand Bitcoin Mining Operations

CointimeCointime2024/05/08 12:25
By:Cointime

Stablecoin issuer Tether has expanded its mining business through a partnership with Swan's Bitcoin mining management service. According to a news statement, the company has invested heavily in establishing its Bitcoin mining business through Swan, with the specific amount not 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 services based on the specific needs of its clients.

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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