In a recent update from COINOTAG News on May 3rd, Nasdaq-listed Bitcoin mining company Bitdeer has disclosed its current Bitcoin holdings. As per its latest report on X, Bitdeer’s total Bitcoin reserves now stand at 1245.8 coins, a figure that excludes any Bitcoin held in customer deposits. This development underscores Bitdeer’s commitment to maintaining a robust asset base in the ever-evolving cryptocurrency market.
Moreover, the firm reported a mining output of 39.9 BTC this week; however, it is noteworthy that 28.5 BTC from this total were liquidated. This strategic decision appears to align with broader industry trends, reflecting the ongoing dynamics between asset retention and market liquidity. Stakeholders should closely monitor Bitdeer’s operational strategies as they navigate the complexities of the cryptocurrency landscape.