Bitdeer Sells All Mined BTC, Extends Zero-Treasury Policy

Bitdeer, a Nasdaq-listed Bitcoin miner, has sold all 271.3 BTC mined this week, continuing its zero-BTC treasury strategy since February.

This approach, in place since February 20, involves immediately converting mined Bitcoin into cash to cover operating expenses and avoid exposure to price volatility.

The company's decision reflects a focus on liquidity and operational funding, as it aims to reduce reliance on debt or equity financing.

Bitdeer's zero-treasury policy contrasts with other publicly traded miners, such as Marathon Digital and Riot Platforms, which have historically retained some of their mined Bitcoin as a reserve asset.