#BitdeerLiquidates943.1BTCReserves

Bitdeer Liquidates 943.1 BTC Reserves: What Really Happened
Bitdeer Technologies, one of the world's leading Bitcoin mining powerhouses, has fully cleared its corporate Bitcoin treasury—dropping to zero BTC as of February 20, 2026.
In their latest weekly update, the company revealed:
Mined 189.8 BTC during the week → Sold every single one.
Liquidated the remaining 943.1 BTC from reserves in one decisive move.
This caps an eight-week strategic drawdown that started from roughly 2,000 BTC at the end of 2025.
Key Reasons Behind the Move
Liquidity for Expansion: Bitdeer is gearing up for major growth—evaluating powered land acquisitions, scaling data centers, and accelerating its pivot into AI cloud infrastructure and high-performance computing.
Tight Mining Margins: With hashprice nearing break-even levels and Bitcoin trading in the lower $60K–$70K range, many miners are shifting from "hodling" mined coins to immediate cash conversion for operational resilience.
Strategic Reallocation: Rather than treating Bitcoin as a long-term balance sheet asset, Bitdeer is now channeling production directly into fiat liquidity to fuel infrastructure builds and future hash rate growth.
Market Impact & Sentiment
The sale generated substantial cash (estimated $60M–$80M depending on exact pricing) — enough to meaningfully support capex without debt overload.
Company leadership (including CEO Jihan Wu) emphasized: This is not a distress signal. It’s a deliberate pivot — "should not be a concern for the broader market."
While large miner sales can add short-term selling pressure, Bitdeer frames this as proactive preparation for the next phase of growth in both mining and AI.
Bottom Line
Bitdeer isn’t abandoning Bitcoin — it’s evolving its playbook. From a pure "stack sats" miner to an agile infrastructure operator converting output into fuel for expansion.
In a maturing industry, smart capital allocation often trumps blind accumulation. This move reflects confidence in future upside through diversification and scale — not fear.
What do you think — bullish sign of adaptation or bearish miner capitulation? Drop your take below. 🚀