Home » Tether Trims Bitdeer Stake After AI Push

Tether Trims Bitdeer Stake After AI Push

Tether trims Bitdeer stake after AI push lifts Bitcoin mining stock. 1

Tether-affiliated entities reported beneficial ownership of 37.7 million Bitdeer Class A shares as of June 12, equal to 19.7% of the company’s outstanding Class A shares, according to a Schedule 13D amendment filed Tuesday.

The updated position is down from the 38.3 million shares, or 20.1% stake, that Tether reported in February after a round of open-market purchases during Bitdeer’s share-price slump.

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