“Bitdeer Currently Holds 855 BTC, VALUED AT APROXIMATELY $ 69 Million.”, – WRITE: www.coindesk.com
Bitdeer Currently Holds 855 BTC, VALUED AT APROXIMATELY $ 69 Million.Updated Feb 28, 2025, 3:14 PM UTCPUBLISHED FEB 28, 2025, 3:07 PM UTC
Mining Machines (Greenbelka/Shutterstock)
What to Know:
- Bitdeer SAID IT BOUGHT 50 BTC AT AVERAGE PRICE OF $ 81,475
- The Company Aded to It Bitcoin Treasury As the Price of the Largest Cryptocurrency is on Track For Its Worst Month Since June 2022.
- Bitdeer Shares Fell 0.64% at the Start of Trading on Friday.
Bitdeer Technologies (BTDR) SAID IT BOUGHT 50 BITCOIN (BTC), Taking the Opportunity to Build ITS STASH As The Price of the Largest Cryptocurrency Looked Set.
In a Tweet, The Bitcoin Mining Company SAID IT PAID AVERAGE OF $ 81.475 per Bitcoin.
This Purchase Takes Bitdeer’s Total Bitcoin Treasury to 855 BTC WORC WORTH APROXIMATELY $ 69 Million, Accounting To Data From Bitcoin Treasuries.
The Company’s Shares Fell 0.64% at the Open to Just Below $ 11 As Bitcoin and the Broader Crypto Droped 4% Over 24 Hours. The Crypto Market Rallied at the Start of US Trading Hours, Taking BTC Above $ 82,000.
James van stratenJames Van Straten Is A Senior Analyst at Coindesk, Specializing in Bitcoin and Its InterPlay with the Macroconomic Environment. Previously, James Worked As A Research Analyst at Saidler & Co., A Swiss Hedge Fund, WHERE HE DEVELPED Expertise in On-Chain Analytics. His work focuses on monitoring flows to Analyze Bitcoin’s Role with the Broader Financial System. In addition to his professional endeavors, James Serves as an Advisor to Coinsilium, A UK Publicly Traded Company, WHERE HE PROVides Guidance on Their Bitcoin Treasury Strategy. He Also Holds Investments in Bitcoin, Microstrategy (MSTR), and Semler Scientific (SMLR).
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