Tether (USDT) Expands Its Bitcoin (BTC) Mining Operations Using OCEAN Protocol's DATUM Gateway

Paolo Ardoino, Tether CEO, took to X to highlight the new move that the stablecoin issuer is taking with Bitcoin (BTC).

Paolo Ardoino, the CEO of Tether, took to X to highlight a new move that the stablecoin issuer is taking with Bitcoin (BTC). In a recent post, Ardoino revealed that the protocol plans to deploy both existing and future hashrates on the OCEAN protocol.

"Announcing Tether's deployment of @OCEANprotocol's DATUM gateway software for our global mining operations," Ardoino announced. "This partnership supports our shared vision for a decentralized Bitcoin ecosystem."

For context, OCEAN is a leading Bitcoin mining pool that is specifically focused on decentralization. The pool, which was launched by long-time Bitcoin Core developer Luke Dashjr, provides miners with the resources required to build their own block templates. They utilize their open-source DATUM protocol, which helps to reduce dependence on centralized intermediaries. This also enhances censorship resistance within the Bitcoin network.

"This deployment will enable Tether to access and integrate OCEAN's DATUM Gateway software across our mining operations globally, including in rural and underserved areas of the world, such as Africa," Ardoino added.

In the long run, this will deliver high-performance mining operations to the stablecoin issuer, overriding these bandwidth-constrained environments.

"At Tether, we view supporting decentralization in Bitcoin mining as essential to the network's long-term integrity," Ardoino claimed. "This deployment to OCEAN aligns perfectly with our recent mining investments and broader mission to fortify Bitcoin against centralizing forces."

This move reflects Tether's confidence in BTC's long-term potential, even in the midst of recent market fluctuations.

At the beginning of Q2, 2025, the firm made a massive purchase of 8,888 BTC. This brings its total holdings to 92,646 BTC units at an average price of $82,591.34. Some market watchers categorized the purchase as one of Tether's buy-the-dip strategies.

Apart from its consistent acquisition of BTC, the firm's healthy Bitcoin portfolio is also evident in how Tether executives speak about the coin.

A few days ago, Gabor Gurbacs expressed his expectations of Bitcoin, stating that the flagship cryptocurrency should experience a tremendous market cap surge over the next few years.