Home » Tether Trims Bitdeer Stake After AI Push Lifts Bitcoin Mining Stock

Tether Trims Bitdeer Stake After AI Push Lifts Bitcoin Mining Stock

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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