Bitcoin Miner With No Coins: Bitdeer Empties Treasury After $12M Sale to Finance AI
From financemagnates.com
Singapore-based mining firm Bitdeer has sold its entire bitcoin treasury and now holds zero BTC as it reallocates capital into AI and high‑performance computing (HPC) infrastructure. , The move marks a clear break from the traditional miner strategy of stockpiling coins on the balance sheet and signals a focus on growth in data centers and hash rate instead. In its latest weekly update, the Singapore‑based Bitcoin mining and AI infrastructure company reported BTC holdings of zero as of Feb. 20, excluding customer deposits. The company produced 189.8 BTC during the week and sold the entire amount, resulting in ...
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