Browsing: Bitcoin

Bitcoin (BTC) – Market cap: Over $821 billion

Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap. The digital payment company is looking to diversify its operations after solidifying USDT’s position as the top stablecoin with an 83 billion token supply. Tether recently started buying Bitcoin with 15% of net realized profits and holds over $1.5 billion in BTC…Read More

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Tether is investing in renewable energy production in Uruguay for the mining of Bitcoin in the South American country, the company announced on Tuesday. The issuer of USDT stablecoin is also recruiting experts in the energy sector in the region as part of the plan.The announcement follows Tether’s release of its financial reports…Read More

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