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Bitdeer Liquidates 943 BTC, Corporate Bitcoin Balance Drops to Zero
Bitcoin mining firm Bitdeer has sold all of its corporate Bitcoin holdings, reducing its treasury balance to zero, according to its latest operational update. The report shows the company’s “pure holdings,” excluding customer deposits, have fallen to 0 BTC. During the latest reporting period, Bitdeer produced 189.8 BTC and sold the full amount. It also liquidated an additional 943.1 BTC from its existing treasury reserves. In its Feb. 13 update, the company still held 943.1 BTC after selling 179.9 BTC out of 183.4 BTC mined that week, keeping its treasury intact at the time. Mining firms typically sell a ... (full story)
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