The Bitcoin miner’s holdings fell to 150 BTC from 2,017 in January, marking a sharp reduction in its treasury exposure.
Bitdeer sold 1,011 Bitcoin for $64 million in June, sharply cutting the miner’s direct exposure to the token. After the sale, the company held 150 BTC, down from 2,017 in January. The move underscores how mining companies can use treasury sales to raise cash or manage balance-sheet risk as operating conditions and Bitcoin prices shift.