Markets· ★★· neutral·

Bitdeer mines 294.2 BTC in a week and sells it all, keeping zero holdings

  • —Mined 294.2 BTC in the week through Oct. 16
  • —Sold the full output; net accumulation was zero
  • —Company's own bitcoin holdings remain at zero
  • —Figures come from Bitdeer's weekly update on X
Why it matters: Bitdeer keeps selling all of its mined bitcoin, adding to market supply and setting it apart from miners that hold their output.
Source: PANews