TechFlow news, June 25 — Tether CEO Paolo Ardoino announced on The Block's Big Brain podcast that the company plans to become the world's largest Bitcoin miner by the end of 2025. As a stablecoin issuer holding over 100,000 bitcoins (worth more than $10 billion), Tether's involvement in mining is primarily aimed at safeguarding its investment rather than seeking commercial returns. Since 2023, the company has invested over $2 billion in Uruguay, Paraguay, and El Salvador to build energy production and mining infrastructure. Ardoino views Bitcoin mining as one of the four pillars of Tether's vision for a "stable society," which also includes stable money, communications, and intelligence.
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