Markets· ★★· bearish·

Bitdeer sells all 300.6 BTC mined this week, keeps zero bitcoin holdings

  • —300.6 BTC mined in the week through October 9
  • —Entire weekly output sold, net accumulation at zero
  • —Bitdeer's own bitcoin holdings stand at 0 BTC
  • —Customer deposits excluded from the disclosure
Why it matters: Miners keep selling production instead of building reserves, adding to bitcoin's supply pressure.
Source: PANews