Tether has sold 627,000 shares of Bitdeer (NASDAQ: BTDR) at approximately $20 per share, generating around $12.7 million. The sale took place between June 3 and 4, marking a significant profit from Tether's earlier purchase of shares at an average price of $8.85 per share in February. Despite this sale, Tether retains a substantial stake in Bitdeer, holding 37.7 million Class A shares, which accounts for 19.7% of the company's outstanding shares.