Bitdeer Sells 271 BTC and Keeps Treasury Totally Empty

Mining firm Bitdeer just updated its weekly treasury report with a major move. The company sold 271.3 Bitcoin this week. Following this latest sale, the firm is maintaining zero Bitcoin holdings in its reserves.

Crypto miners often sell their newly mined coins to cover operational costs like electricity and hardware upgrades. Bitdeer clearly prefers keeping a clean balance sheet with no coins left in the treasury right now.

Traders will want to watch if other major mining operations follow the same path. Selling pressure from miners can impact market momentum, so seeing zero reserves helps the market understand their current cash strategy.