[Tether Sells 627,000 Shares of Bitdeer, Cashes Out $12.7 Million] According to TheEnergyMag, Tether sold 627,000 shares of Bitdeer at approximately $20 per share between June 3 and 4, cashing out around $12.7 million. Tether had previously purchased these shares at an average price of approximately $8.85 per share during Bitdeer's stock slump in February. After the sale, Tether still holds 37.7 million shares of Bitdeer Class A stock, accounting for 19.7% of the circulating shares, remaining a major shareholder.