Bitcoin Miner Bitdeer Sells Everything: Treasury Hits Zero in AI Power Play - [briefly] 02:02 PM EST - Feb,22 2026 - post a comment Singapore-based Bitcoin mining firm Bitdeer has sold its complete corporate Bitcoin holdings of 1,132.9 BTC-including 943.1 BTC from reserves and 189.8 newly mined coins-reducing its treasury balance to zero as of February 20, 2026, according to its latest weekly operational update.
The proceeds are being redirected toward aggressive data center expansion, AI cloud services growth, and general corporate needs, reflecting a broader industry trend where miners reallocate capital amid compressed mining margins and rising opportunities in high-performance computing. This move adds temporary selling pressure to Bitcoin's supply but is viewed by analysts as a deliberate strategic shift rather than distress. |