Bitdeer Sells Entire Bitcoin Reserve Amid Market Decline

Bitdeer, a leading mining company, has announced the sale of its entire Bitcoin reserve, totaling 943.1 BTC. According to the firm's weekly report, this decision was made to sustain operations amidst challenging times in the cryptocurrency market.

The sale includes approximately 189.9 BTC mined by the company over the past week, leaving it with no coins on its balance sheet except for customer deposits as of February 20. This move is not an isolated incident, as other miners have also been forced to sell their mined assets due to decreased revenues.

Revenues for miners have significantly decreased since October 2025, dropping from $1.59 billion to $1.12 billion in January. As a result, miners are compelled to sell their mined assets to maintain operations, even if it means depleting their reserves.