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Bitcoin Breaking Out - Now What?Rashit Makhat was paid close to $ million months before FTX collapsed when he sold most of his stake in a bitcoin-mining enterprise, Genesis. Stablecoin firm Tether is planning to open Bitcoin mining facilities in South America as part of its expansion under new CEO Paolo Ardoino. Tesla still holds 9, Bitcoins, worth around $ million at current prices. It will be interesting to see whether it holds on to the tokens.