Bitdeer sold all its bitcoin to finance its transition to AI data centers
BitDeer Transitions from Bitcoin Hoarding to Liquidity BitDeer, a Singapore-based company focused on Bitcoin mining and AI infrastructure, has completely liquidated its Bitcoin vault, signaling a significant shift from the traditional miner’s approach of holding coins as a display of confidence. This contrasts with strategies like those of MicroStrategy. The company stated that as of […]
Bitdeer Sells 943 Bitcoin, Reducing Treasury to Nothing
bitcoin news BitDeer Technologies, a Bitcoin mining company, has fully liquidated its Bitcoin treasury, reporting zero Bitcoin holdings as of February 20th. This marks a significant shift, with around 2,000 Bitcoins being sold off since the end of 2025. In the week leading up to February 20th, BitDeer mined 189.8 Bitcoins and sold every one […]
Bitdeer Shares Drop 20% After Bitcoin Miner Reports Third Quarter Net Loss
Bitdeer Reports Loss, Stock Takes a Hit Bitdeer Technology Group’s stock plunged by 20% on Monday, a staggering drop of 422% compared to last year, following the announcement of a net loss totaling $266.7 million for the third quarter. The company reported a loss of $1.28 per share, deteriorating from a loss of $0.35 per […]
Bitdeer Shares Drop as Bitcoin Miner Plans to Raise $330 Million
Simply put Bitdeer, a mining company based in Singapore, is aiming to raise $330 million by issuing convertible notes. Interestingly, unlike many other cryptocurrency firms, they aren’t planning to use these funds to acquire more Bitcoin. On Wednesday, Bitdeer’s stock dropped further, marking a 23% decline for the month. Bitdeer, a Bitcoin miner, has announced […]
Bitdeer Increases BTC Production as Mining Sector Recovers
Simply put Bitcoin miners faced challenges earlier this year as the major digital currencies struggled. Recently, Bitcoin (BTC) surged, reaching a new all-time high in May and staying close to that peak. Miners are producing more coins, with BitDeer, which is on NASDAQ, reporting an 18% increase over the last month. In May, Bitcoin miner […]