Bitdeer Sells All Mined BTC this Week Under Zero-Treasury Policy

Bitdeer, a Nasdaq-listed Bitcoin miner, has continued its zero-treasury policy by selling all 253.4 BTC mined this week.

This strategy, implemented in February, involves immediately converting all mined Bitcoin into cash to prioritize liquidity and operational stability.

The sale of 253.4 BTC at current market prices would generate approximately $17 million in revenue, which is likely earmarked for operational expenses, debt repayment, or expansion of mining capacity.

This approach reflects a broader trend among some miners to deleverage and secure cash reserves after the challenges of the 2022 bear market.