Bitdeer Sells All 287.2 BTC Held After One Week

Bitdeer ($BTDR) sold 287.2 Bitcoin (BTC) over a one-week period ending September 18, matching the same amount it mined during that time. The company reported a net increase of zero BTC and now holds no bitcoin. Bitdeer disclosed on X that it mined 287.2 BTC, sold 287.2 BTC, with a net change of zero and current holdings at zero. This means none of the mined coins remained as company assets. Bitcoin mining companies can choose to hold mined BTC as assets or sell them for operational costs and investment capital. The sale price, proceeds, and counterparty details were not disclosed. Bitdeer previously sold 293.2 BTC in the week ending September 11, maintaining zero holdings.