Bitdeer Sells 282 BTC This Week, Maintains Zero Holdings
Bitdeer has revealed its Bitcoin holdings strategy for the week.
The company, which operates a global mining operation, announced that it maintains zero Bitcoin holdings, and instead sells them on the market. During this week, Bitdeer sold a total of 282 BTC.
This move suggests that the company is focused on liquidity rather than holding onto its mined Bitcoins. By selling its Bitcoins, Bitdeer can generate revenue quickly and utilize the funds for operational expenses or investments in new mining equipment.