Bitdeer Unloads All Mined Bitcoin, Continues Zero-BTC Treasury Strategy

Bitdeer, a Nasdaq-listed Bitcoin miner, has continued its zero-BTC treasury strategy by selling all 253.4 BTC mined this week, according to an official post on X.

This approach prioritizes liquidity and operational stability over potential long-term appreciation of the asset, as the company immediately converts all mined Bitcoin into cash.

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

This strategy has been adopted by some other miners as well, such as Core Scientific and Riot Platforms, though many have also retained portions of their output.