Bitdeer mines and sells 244.3 BTC in week ended July 17

The Nasdaq-listed Bitcoin miner said its net BTC added was 0 after selling all 244.3 BTC mined during the same period, leaving it with no Bitcoin holdings.

BTC

Summary

Bitdeer mined 244.3 BTC in the week ended July 17 and sold the same 244.3 BTC during that period, resulting in net BTC added of 0. The Nasdaq-listed Bitcoin miner said on X that the transactions left the company with zero Bitcoin holdings, underscoring a treasury approach in which mined Bitcoin is fully sold rather than retained on the balance sheet.

Terms & Concepts
  • BTC: Bitcoin’s ticker symbol in trading markets.