Tether CEO Paolo Ardoino Scales Back Capital Strategy as Bitcoin Hyper ($HYPER) Gains Momentum

What to Know: Tether CEO Paolo Ardoino is reportedly scaling back a $20B investment plan to consolidate reserves, signaling a shift in venture capital risk appetite. Capital is rotating from general tech investments into Bitcoin infrastructure, specifically Layer 2 solutions that solve scalability and programmability issues. Bitcoin Hyper utilizes the Solana Virtual Machine (SVM) to bring high-speed smart contracts to Bitcoin, raising over $31. 2 million in its ongoing presale source: https://www.newsbtc.com/news/ardoino-scales-back-capital-strategy-as-bitcoin-hyper-hyper-gains-momentum/