Bitdeer Liquidates Entire Bitcoin Treasury as Mining Margins Tighten — Will Other Crypto Miners Follow in 2026?

Key Takeaways

• Bitdeer has sold each of its self-owned Bitcoin, reducing its treasury equilibrium to 0 BTC.

• Several trackers inactive amusement implicit 1,000 Bitcoins owed to outdated information and disorder with lawsuit holdings.

• Public miners, including TeraWulf, Bitfarms, Riot, and Core Scientific, are progressively selling BTC oregon pivoting toward AI information centers.

Bitcoin mining elephantine Bitdeer has liquidated its full Bitcoin presumption implicit the play arsenic BTC trades beneath $68,000 — astir 50% down from its all-time high.

The merchantability comes arsenic Bitcoin mining profits deed all-time lows, with the company—once eyeing U.S. expansion—now offloading each the Bitcoin it mined, excluding lawsuit deposits.

On Feb. 21, Bitdeer mined astir 184 BTC and sold the full batch, on with an further 943.1 BTC from its reserves.

The transaction follows a dependable diminution successful Bitdeer’s holdings implicit caller weeks.

The institution began 2026 with astir 2,000 BTC. By the extremity of January, that fig had fallen to 1,530 BTC, and by Feb. 13, it stood astatine 943.1 BTC earlier being afloat liquidated days later.

At the clip of the sale, Bitcoin was trading betwixt $65,000 and $68,000.

The improvement has drawn attention, fixed Bitdeer’s increasing operational footprint.

The company’s self-managed hashrate precocious surpassed that of MARA (formerly Marathon Digital), making it the publically traded miner with the largest self-operated capacity.

While immoderate marketplace participants person speculated astir the reasoning down the treasury reduction, Bitdeer has not indicated that the determination reflects fiscal distress.

Public mining companies often set treasury strategies based connected superior allocation priorities, operating costs, and broader marketplace conditions.

There is inactive immoderate disorder implicit whether Bitdeer has afloat exited its Bitcoin holdings.

Several treasury tracking platforms — including The Block, bitcointreasuries.net, and bitbo.io — proceed to amusement Bitdeer holding betwixt 943 BTC and much than 2,000 BTC.

However, galore of these figures bespeak January information oregon late-2025 filings.

The discrepancy apt stems from timing. Most treasury trackers trust connected quarterly reports oregon disposable on-chain wallet activity, some of which tin lag down real-time institution disclosures.

Bitdeer’s astir caller update came successful its Feb. 20 play station connected X, and immoderate dashboards had not yet updated erstwhile the quality began circulating.

It’s wide that Bitdeer is redirecting superior toward enlargement beyond axenic Bitcoin mining.