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Northern Data Secures $600M Loan from Tether for AI Hardware Investment Frenzy

Benito Cormi3 years ago2 min read

Northern Data Group Secures €575M Financing from Tether for AI and HPC Expansion The Frankfurt-based Northern Data Group, known for its bitcoin mining operations, has announced…

Northern Data receives $610M debt financing from Tether for Bitcoin mining operations

Coinan Porter3 years ago3 min read

Tether Issues Major Debt Facility to Bitcoin Mining Company Northern Data AG Tether, the issuer of the USDT stablecoin, is ramping up its involvement in Bitcoin…

Expansion of Debt Financing to Northern Data by Tether Limited Limited to $610 Million

Theon Barrett3 years ago3 min read

German Data Center Operator Northern Data Group Secures €575 Million Debt Financing Facility from Tether Group German data center operator, Northern Data Group, has obtained a…

Tether’s Q3 Report Unveils Record Percentage of Cash and Equivalents

Noah Rypton3 years ago2 min read

Tether Holdings Limited Reaffirms Accuracy of Reserves Report Tether Holdings Limited has released its assurance opinion for Q3 2023, confirming the accuracy of Tether’s reserves report.…

Tether’s Q3 Financial Report Reveals $3.2 Billion Surplus and $1.7 Billion Held in Bitcoin

Benito Cormi3 years ago3 min read

Tether’s Financial Statements Validated by BDO, Revealing $3.2 Billion in Surplus Reserves Tether Holdings Ltd.’s financial statements for the third quarter of 2023 have been validated…

Restrictions Imposed on USDC Minting for Retail Users by Circle, Embracing Tether’s Approach

Ethan Glober3 years ago3 min read

Circle Discontinues Stablecoin Creation for Individual Accounts Circle Internet Financial, the issuer of the USDC stablecoin, has announced that it will no longer allow individual accounts…

Tether’s Q3 Attestation: 85.7% Cash Reserves, Reduction in $330M Loan, $670M Allocated to Research

Blount Charleston3 years ago3 min read

Tether Holdings Releases Q3 2023 Financial Report Tether Holdings Limited has recently published its assurance opinion, backed by an independent assessment conducted by BDO, a globally…

Declining Loans Reveal 86% of Tether Holdings as Cash and Cash Equivalents

Coinan Porter3 years ago2 min read

The Highest Percentage of Cash and Cash Equivalents in Tether’s Reserves Ever Recorded Tether, the stablecoin issuer, has released a new attestation report from accounting firm…

Tether Boasts Record Percentage of Cash and Liquid Assets in Reserves

Theon Barrett3 years ago2 min read

Tether Reports Highest Percentage of Cash and Cash Equivalents in Reserves Tether, the company behind the popular stablecoin USDT, has released its attestation report for the…

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