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Bitdeer Mines 265.6 Bitcoin This Week, Sells Entire Haul

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JOON HYOUNG LEE

Summary

  • Bitdeer, the Nasdaq-listed U.S. Bitcoin mining company, said it mined 265.6 Bitcoin this week.
  • The company said it sold all 265.6 Bitcoin it mined this week.
  • Bitdeer said it has held zero Bitcoin since adopting a "zero Bitcoin" strategy in February.

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Photo: Bitdeer
Photo: Bitdeer

Bitdeer Technologies Group, the Nasdaq-listed Bitcoin miner, said it mined 265.6 Bitcoin this week and sold all of it.

The company disclosed in a post on X on Aug. 22 that it had mined 265.6 Bitcoin during the week. It sold the entire amount.

Bitdeer adopted a "zero Bitcoin" strategy in February, under which it sells all of the Bitcoin it mines. As of Aug. 22, the company held no Bitcoin.

#Mining
JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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