Bitdeer has sold all its Bitcoin holdings, consisting of 943.1 BTC from reserves and 189.8 newly mined coins, resulting in a zero balance. This decision aligns with a broader trend among public Bitcoin miners to shift from holding Bitcoin on their balance sheets to reallocating capital for infrastructure expansions and other corporate needs. In particular, Bitdeer is focusing on data center expansion and growth in AI cloud and high-performance computing, reflecting the evolving dynamics of the cryptocurrency market.
Bitdeer sells entire Bitcoin holdings to fund data center expansion
