Tether Corrects Internal Share Transfer and Reports 19.7% Stake in Bitdeer Technologies Group

Tether Global Investments Fund, S.I.C.A.F., S.A. (formerly Tether Holdings) and affiliated entities, including Giancarlo Devasini, filed Amendment No. 13 to their Schedule 13D for Bitdeer Technologies Group (BTDR) on June 30, 2026. The filing primarily serves to correct an inadvertent understatement from a previous amendment regarding an internal transfer of shares. On June 12, 2026, Tether Investments transferred 37,729,510 Class A ordinary shares to Tether International, S.A. de C.V. While this internal transfer resulted in no change to the aggregate beneficial ownership, the reporting persons collectively hold 37,729,510 shares, representing 19.7% of the company. The filing also notes recent open market sales by Tether Investments, totaling 627,021 shares across June 3 and June 4, 2026, at prices ranging from approximately $20.01 to $20.37 per share. Giancarlo Devasini maintains shared voting and dispositive power over the reported holdings via his interest in the Tether entities.