Bitdeer Sells Off Entire Bitcoin Treasury

Mining firm Bitdeer has sold 274.6 Bitcoin this week. This move clears the company treasury completely of the digital asset it generates.

The recent sale continues a steady pattern of weekly disposals by the company. Mining firms often sell their mined coins to cover operational costs, hardware upgrades, and expansion efforts.

Traders and market watchers will keep a close eye on Bitdeer to see if future mined coins will also go straight to the open market, or if the company plans to start stacking reserves again soon.