Bitdeer mined and sold 205.3 BTC in week ended June 5

The Nasdaq-listed Bitcoin miner said it added no Bitcoin to its balance sheet over the period and continues to hold zero Bitcoin.

BTC

Summary

Bitdeer mined 205.3 BTC in the week ended June 5 and sold the same amount during that period, leaving its net Bitcoin addition at 0 BTC. The Nasdaq-listed Bitcoin miner said it continues to hold zero Bitcoin, indicating that all of its weekly production was sold rather than retained on its balance sheet.

Terms & Concepts
  • Bitcoin miner: Company that validates blocks and earns BTC
  • balance sheet: Company record of assets and liabilities