TREE NEWS update: Bitdeer sold all 294.2 bitcoins it mined during the week through Oct. 16, leaving its bitcoin holdings at zero, excluding customer deposits. The company disclosed the figures in its weekly bitcoin update on X, showing net accumulation of zero for the period. Bitdeer has maintained no bitcoin treasury position as it continues to sell production.
Bitdeer Sells All 294.2 BTC Mined This Week, Holdings Remain at Zero
Bitdeer's zero-treasury posture is a notable outlier at a time when listed miners have increasingly framed retained bitcoin as a balance-sheet strategy, so its weekly disclosure doubles as a standing signal that the company prioritizes converting production into cash over exposure to the asset. The read-through is mainly for peers and for holders tracking how miners manage liquidity, since selling everything removes any treasury cushion from price swings. Whether Bitdeer holds this line while others accumulate is the open question worth watching in the weekly updates.
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