Tether has reduced its Bitdeer holdings by 627,000
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Tether has reduced its Bitdeer holdings by 627,000 shares after selling stock worth about $12.7 million, while retaining a 19.7% stake in the Bitcoin mining and AI infrastructure company.
According to TheEnergyMag, the USDT issuer sold the shares on June 3 and 4 at roughly $20 per share. Following the transaction, Tether still owns 37.7 million Class A shares in Bitdeer, keeping its position as one of the company’s largest shareholders.
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