Tether Invests $10 Billion in Bitcoin Mining to Secure Network

Tether, the issuer of the world's largest stablecoin, has announced a significant investment in Bitcoin mining. The company plans to deploy up to $10 billion to secure the Bitcoin network through hashrate accumulation. This move is part of Tether's strategy to broaden its reach into Bitcoin mining and strengthen its position in the digital asset ecosystem.

Paolo Ardoino, Tether's Chief Technology Officer, revealed the plan on Tuesday. He explained that while buying Bitcoin outright could yield higher returns, Tether chose mining to enhance network protection. The company has already steered as much as $10 billion into digital assets and will now back mining operations to help secure the Bitcoin network.

Tether's entry into the mining field comes as major players like Marathon Digital, Riot Platforms, and CleanSpark already control roughly 30 percent of the total hashrate. However, Tether has not disclosed its own mining capacity, making it difficult to gauge how quickly the company can rise to the top. Despite this, Tether has invested heavily in mining infrastructure, with ties to more than 15 facilities across Latin America, including El Salvador, Uruguay, and Paraguay. These partnerships may give Tether a solid foothold in regions with low electricity costs and supportive regulations.

Ardoino forecasts that by year-end, Tether will rank as the largest Bitcoin miner. He argues that this move will protect the firm’s existing exposure and reinforce its role as a guardian of the network. Investors will watch mining numbers closely as the industry enters its next phase. Tether's undisclosed mining capacity complicates market position assessments as it builds new infrastructure across Latin America’s 15 facilities. The company leverages regional partnerships to access low-cost energy and favorable regulatory frameworks.