Tether Reports 19.7% Bitdeer Stake After Partial Share Sale

Tether Global Investments Fund disclosed a 19.7% beneficial ownership stake in Bitdeer Technologies Group following a partial share sale and internal transfer involving Tether affiliates, according to an SEC Schedule 13D/A filing. The position represents 37.7 million Bitdeer Class A ordinary shares. The disclosure highlights Tether's continued infrastructure investment strategy, extending stablecoin profits into Bitcoin mining and adjacent technology sectors.

SEC Filing Shows 37.7 Million Share Position

The Schedule 13D/A filing lists Tether Global Investments Fund as the reporting entity and details the 37.7 million Class A ordinary share position in Bitdeer Technologies Group. The filing follows a partial sale of 627,021 shares and an internal transfer involving Tether affiliates. The SEC filing is available on the EDGAR database.

Tether Deploys Stablecoin Profits Into Mining Infrastructure

Tether's core business is stablecoin issuance, but the company has deployed profits into Bitcoin, mining, energy, and adjacent infrastructure investments. The Bitdeer position provides Tether exposure to Bitcoin network hardware and power infrastructure. The investment also covers potential expansion into AI workloads by mining companies.

Bitdeer Operates Bitcoin Mining and AI Infrastructure

Bitdeer Technologies Group operates Bitcoin mining facilities and explores high-performance computing infrastructure applications. Mining companies are developing AI infrastructure revenue streams alongside Bitcoin production operations. The business model combines power access and data-center expertise for large-scale computing capacity.

FAQ

What percentage of Bitdeer does Tether own?

Tether Global Investments Fund holds 19.7% beneficial ownership in Bitdeer Technologies Group, representing 37.7 million Class A ordinary shares according to the SEC Schedule 13D/A filing.

Why did Tether adjust its Bitdeer position?

The filing shows a partial sale of 627,021 shares and an internal transfer involving Tether affiliates. Tether retained the 19.7% stake after the transaction sequence.

What does Bitdeer's business include?

Bitdeer operates Bitcoin mining operations and explores AI and high-performance computing infrastructure development using power access and data-center capabilities.