March 13, 2025
Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months thumbnail
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Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months

The Company Redirected Mining Rigs to Self-Mining as Customer Delayed Payments During Bitcoin’s Price Drop ..”, – WRITE: www.coindesk.com

The Company Redirected Mining Rigs to Self-Mining as Customer Delayed Payments During Bitcoin’s Price Drop .. Mar 12, 2025, 4:32 PM UTC

Bitdeer Technologies (BTDR) Boosted Its Bitcoin (BTC) Holdings by Almost 75% In Two MONHS by Redirecting SealMiner A2 Units Durying the Largest Cryptocurrency’s Price Decline.

The Singapore-Based Company’s Holdings Rose to 1,039 BTC As of February 2025, UP from 594 BTC in December, IT SAID IN A RELEASE. The Increasted Holdings Position It Among the Top Bitcoin Miners WHEN IT METS TO BTC Treasuries. Still, It Trails Behind The Largest Holders: Mara Holdings with 46,374 BTC and RIOT PLATFORMS WITH 18,692 BTC.

Bitdeer’s Main Focus Is The Development of It Bitcoin Mining Chips, and Says ITS NEW A3 Miner Achieved Significant Energy Eficiency in Recent Tests. IT posted a $ 531.9 Million Net Loss for the Fourth Quarter, attributed to investments in the development of it.

The Mining Firm Produced 110 BTC in February, Down from 126 BTC in January, In Part Because of the Shorter Month. ITS TOTAL PROPRIETARY HASH RATE INCREASED TO 9.4 Exahashes per Second (EH/S), UP from 8.9 EH/S in December.

The Company’s Shares Rose 0.85% to $ 10.66 in Nasdaq Trading.

Francisco RodriguesFrancisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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