Bitdeer reportedly mined and sold 198 BTC this week, continuing a pattern of immediate liquidation that has defined the company’s recent treasury strategy.
The figure emerged from reports circulating on crypto media channels, with Chinese-language outlet Odaily citing the weekly production and sale figure in a post on X.
What Bitdeer Reported About Its Weekly Bitcoin Production
According to the reports, Bitdeer mined 198 BTC during the week and sold the entire amount, retaining none in its corporate treasury. The sold quantity matches the mined quantity exactly, suggesting a policy of full liquidation rather than selective holding.
This approach is consistent with earlier disclosures. Bitdeer’s February 2026 production and operations update provided monthly figures showing the company regularly converting mined Bitcoin to fiat.
The weekly figure aligns with a company that previously liquidated 943 Bitcoin and cut its treasury to zero, a move that drew attention from investors tracking miner behavior. That earlier liquidation signaled Bitdeer’s willingness to operate without a Bitcoin reserve, a stance not all public miners share.
Why Selling Newly Mined BTC Matters for Bitdeer
When a miner sells 100% of weekly production, it typically reflects a cash-flow-first operating model. Electricity costs, hardware depreciation, and facility expenses require immediate fiat liquidity, and selling freshly mined coins is the most direct way to cover those obligations.
This contrasts with firms like Strive, which has been raising capital specifically to acquire Bitcoin for long-term holdings. The divergence between miners selling and investment vehicles buying reflects two distinct views on Bitcoin’s near-term trajectory.
Bitdeer’s zero-treasury approach also differs from peers who retained mined BTC through 2025’s price appreciation. In a market where institutional players such as the Winklevoss twins have injected $100M in Bitcoin into Gemini, the company’s consistent selling stands out as a deliberate operational choice rather than a reaction to market weakness.
What Readers Should Watch in Bitdeer’s Next Mining Updates
Bitdeer has established a cadence of monthly production disclosures through its official X account. Readers tracking miner treasury behavior should monitor whether the 100% sell-through rate persists or whether the company begins retaining any portion of production.
Key metrics to watch in upcoming reports include total BTC mined, percentage sold versus retained, and any changes to hashrate deployment. A shift from full liquidation to partial retention would signal a change in the company’s view on Bitcoin’s risk-reward profile.
Regulatory developments could also influence Bitdeer’s approach. Legislation like the CLARITY Act working through Congress may reshape how publicly traded crypto companies manage digital asset treasuries, making future disclosures even more significant for investors.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
