$BTC

Bitdeer Reports Weekly Bitcoin Holdings Update, Total Reserves Reach 1,508.4 BTC

Bitdeer, the Nasdaq-listed Bitcoin mining company, has released its latest weekly Bitcoin production and holdings update via the X platform. According to data shared by ChainCatcher, the company maintained stable mining operations during the past week despite ongoing volatility in the crypto market.

During the reporting period, Bitdeer successfully mined 156 BTC. At the same time, the company sold 152 BTC, likely to support operational expenses, infrastructure expansion, or liquidity management. This resulted in a net increase of 4 BTC in its Bitcoin reserves.

Following this update, Bitdeer’s total Bitcoin holdings have risen to approximately 1,508.4 BTC, reflecting the firm’s continued commitment to retaining a portion of its mined Bitcoin on its balance sheet. The strategy suggests a balanced approach between monetizing mined assets and maintaining long-term exposure to Bitcoin.

As one of the major publicly listed Bitcoin mining firms, Bitdeer’s regular disclosure of production and holdings is closely watched by investors and market participants. These updates provide insight into the company’s operational efficiency, treasury strategy, and confidence in Bitcoin’s long-term value amid fluctuating prices and evolving mining economics.

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