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Crypto

Bitdeer Sells All 270.5 BTC Mined This Week

Guavy AI Editorial Team
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BTC
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Bitdeer, a Nasdaq-listed Bitcoin miner (BTDR), has continued its 'zero BTC treasury' strategy by selling all 270.5 BTC it mined this week.

This move is consistent with the company's approach since February 20, when it eliminated its Bitcoin holdings and has been converting every newly mined BTC into cash.

By selling its entire holdings immediately, Bitdeer provides itself with immediate liquidity to fund operational costs, pay down debt, or invest in infrastructure expansion without being exposed to Bitcoin's price volatility.

The company's approach stands in contrast to other miners that accumulate Bitcoin as a reserve asset, betting on future price appreciation.

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