Bitdeer Technologies, a major publicly traded Bitcoin mining firm, has fully liquidated its corporate Bitcoin holdings, selling a total of 943.1 BTC from its reserves and reducing its Bitcoin treasury to zero. This marks one of the largest treasury exits by a mining company in recent months and reflects a strategic shift in how Bitdeer manages capital and liquidity. Prior to this move, the company held over 1,500 BTC earlier in February, and roughly 2,000 BTC at the end of 2025. The liquidation accelerated rapidly: within just a week, the company sold its entire remaining reserve along with newly mined Bitcoin, departing from the common “HODL” approach many miners follow. Company leadership emphasized that this zero-BTC position is not necessarily permanent, suggesting that future accumulations are possible depending on market conditions and strategic priorities. This has sparked discussions among investors about whether the move reflects a temporary liquidity strategy or a longer-term pivot in treasury management. The sell-off also has broader implications for the mining sector. Bitdeer’s exit from holding Bitcoin contrasts with peers that continue to treat mined BTC as a strategic asset. Some market participants have reassessed miner stocks and capital allocation strategies in light of this liquidation, reflecting concerns about balance sheet strength and risk exposure. Overall, Bitdeer’s sale of 943.1 BTC reserves underscores shifting dynamics in Bitcoin mining economics, corporate treasury strategies, and capital management amid evolving market conditions.
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#BitdeerLiquidates943.1BTCReserves
Bitdeer Technologies, a major publicly traded Bitcoin mining firm, has fully liquidated its corporate Bitcoin holdings, selling a total of 943.1 BTC from its reserves and reducing its Bitcoin treasury to zero. This marks one of the largest treasury exits by a mining company in recent months and reflects a strategic shift in how Bitdeer manages capital and liquidity.
Prior to this move, the company held over 1,500 BTC earlier in February, and roughly 2,000 BTC at the end of 2025. The liquidation accelerated rapidly: within just a week, the company sold its entire remaining reserve along with newly mined Bitcoin, departing from the common “HODL” approach many miners follow.
Company leadership emphasized that this zero-BTC position is not necessarily permanent, suggesting that future accumulations are possible depending on market conditions and strategic priorities. This has sparked discussions among investors about whether the move reflects a temporary liquidity strategy or a longer-term pivot in treasury management.
The sell-off also has broader implications for the mining sector. Bitdeer’s exit from holding Bitcoin contrasts with peers that continue to treat mined BTC as a strategic asset. Some market participants have reassessed miner stocks and capital allocation strategies in light of this liquidation, reflecting concerns about balance sheet strength and risk exposure.
Overall, Bitdeer’s sale of 943.1 BTC reserves underscores shifting dynamics in Bitcoin mining economics, corporate treasury strategies, and capital management amid evolving market conditions.