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Bitdeer reported zero bitcoin holdings as of Feb. 20, completing an eight-week drawdown from roughly 2,000 BTC at year-end.
The company sold its entire remaining reserve of 943.1 BTC in a single week, on top of the 189.8 BTC it mined during the period.
The liquidation makes Bitdeer the largest publicly traded bitcoin miner by self-mining hashrate to hold no BTC on its balance sheet.
$BTC #BTC