Bitdeer Dumps Entire Bitcoin Holdings Amid Market Volatility

Bitdeer, a cloud mining platform listed on the NASDAQ under the ticker BTDR, has made a significant decision to sell all its remaining Bitcoin reserves. This move reduces the company's treasury to zero, with a total of 943.1 BTC sold along with an additional 189.8 BTC produced during the most recent week of operations.

The sale does not impact user holdings, according to Bitdeer, and is intended to raise capital for 'non-binding powered land acquisition opportunities' as part of the company's effort to increase liquidity. This effort is also tied to Bitdeer's expansion plans, including its pivot towards becoming a major artificial intelligence infrastructure provider.

Bitdeer's decision comes amidst a period of significant market volatility, with Bitcoin experiencing a 47% drop from its October 2025 all-time highs above $125,000. The cryptocurrency has also seen recent fluctuations, dropping below $65,000 on February 22 before recovering to around $66,323 by press time.