Bitdeer Sells Entire Weekly Mined Output of 274.6 BTC Amid Zero-Treasury Strategy

Nasdaq-listed Bitcoin mining company Bitdeer has sold its entire weekly mined output of 274.6 BTC, adhering to its zero-treasury strategy implemented in February.

This policy involves immediately converting all newly mined Bitcoin into cash, providing a clear and recurring revenue stream tied directly to the company's mining output.

The decision to sell mined Bitcoin instead of holding it reflects a focus on liquidity and cash flow generation, potentially to fund operational expenses or expansion.

Industry analysts have taken note of Bitdeer's approach, with some viewing it as a conservative move and others seeing it as a prudent hedge against Bitcoin price fluctuations.