Press Enter to search · ESC to close

Crypto

Bitdeer Sells All 300.6 BTC Mined This Week, Keeps Zero Holdings

Bitdeer said its weekly bitcoin production reached 300.6 BTC in the week to October 9 and that it sold the entire amount, leaving net additions at zero. The company’s bitcoin holdings now stand at zero, excluding customer deposits.

Original source

AI take

Bitdeer's decision to sell its entire weekly output and hold nothing marks it as a pure-play miner that monetizes production immediately rather than accumulating a treasury, a stance that contrasts with peers treating mined bitcoin as a balance-sheet asset. For a company whose economics hinge on operating costs and hardware efficiency, zero holdings removes exposure to further price swings but also forgoes any upside from retained coins. The open question is whether this reflects a deliberate, permanent treasury policy or a temporary liquidity preference, and whether other miners follow suit.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback