Bitdeer Sells All 282 Bitcoin (BTC) Mined Last Week, Keeping Treasury at Zero

Miner Unloads Full Weekly Output

Bitdeer Technologies Group (Nasdaq: BTDR) sold the entire 282 BTC it mined in the week ended September 4, according to the company's own weekly operations update posted on X. Net accumulation of Bitcoin (BTC) for the period came in at zero, and the miner's self-held balance — a figure that excludes coins deposited by customers — remains at zero. As a listed producer, Bitdeer discloses weekly production, sales and treasury holdings side by side, offering an unusually clean window into how a public crypto mining business handles freshly issued coins. The options are effectively binary: retain output on the balance sheet and carry the Bitcoin price exposure directly, or sell production into the market to fund electricity, hardware and expansion. Bitdeer has now chosen the selling route in consecutive weekly disclosures. Its update dated July 31 showed 271.3 BTC mined and fully sold during that week, likewise a net increase of zero with no self-held coins. Two prints do not amount to a declared long-term policy — the company has offered no explanation for the sales and no guidance on treasury intentions — but the streak points to a cash-flow-first operating model. That posture contrasts with the corporate strategic bitcoin reserve trend, under which listed firms deliberately stockpile BTC as a treasury asset, and with miners who opt to HODL production for leveraged upside. Bitdeer runs proof-of-work hashrate across multiple sites, so its disposal pattern matters at the margin for daily sell-side supply. A single week of full selling is not, on its own, evidence of liquidity stress; the more conservative read is disciplined treasury management.

162,000 Jobs, a 2% BTC Drop

The United States labor market delivered a shock on September 4. The Bureau of Labor Statistics reported that nonfarm payrolls rose 162,000 in August, nearly triple the 53,000–56,000 consensus, while the unemployment rate held at 4.1% and June and July figures were revised upward by a combined 55,000. Bitcoin (BTC) fell roughly 2% on the print, breaking below $80,000 and touching $78,660 before recovering into the $79,000s — a path visible on the BTC/USD chart on Binance. What made the reaction unusual was its direction: rather than reviving rate-cut hopes, the strong print raised the implied probability of a 25-basis-point hike at the September meeting from 52% to 59%, based on rate-futures pricing. The policy-sensitive two-year Treasury yield climbed 7.6 basis points and the dollar index firmed 0.3% to around 99.3. The composition of the gain argues against broad overheating: bars and restaurants added 59,000 and local-government education 42,000, while information employment fell 23,000 and healthcare added just 13,000, well under its 32,000 monthly average. Participation rose 0.2 point to 61.6%, with the labor force expanding by 683,000 — a supply-side recovery more than a demand surge. ADP's private-payrolls estimate, just 38,000, was the weakest of the year. Attention now shifts to prices: the producer price index lands September 10 and the consumer price index September 11, ahead of the September 16 FOMC. Fed Governor Waller said on September 3 that policy hinges on August inflation. On-chain context: exchange reserves absorbed 1,818 BTC in daily net inflow in our earlier reporting. For broader structure, see our Bitcoin market coverage. Readers tracking the market in real time can follow live spot and futures prices on Binance.

$79,500 Support Decides the Range

COINOTAG's proprietary 42-indicator composite S/R scoring engine frames the battlefield tightly. Spot trades at $79,634, down 1.79% over 24 hours, sitting just above first support at $79,507 — rated a strong 75/100 on the confluence of the Ichimoku Tenkan, a fresh R→S flip and the 0.114 Fibonacci — while resistance at $81,479 carries a 74/100 score from the Donchian Upper band, Swing High and ATR Upper. RSI at 66 with a bearish MACD cross and a sideways trend label favors range trade. Positioning is mildly long: funding at 0.0012%, open interest near $15.87 billion, a 1.09 long/short ratio, with Fear & Greed at 73 (Greed). Holding $79,507 keeps a retest of $81,479 in play; losing the $77,141 support (74/100) would invalidate that thesis.