In a surprising move, Bitdeer Technologies Group has revealed that it continues to hold ZERO Bitcoin despite actively mining the asset. This unexpected strategy is raising serious questions across the crypto community.

🧠 What’s Happening?

The Nasdaq-listed mining firm confirmed that:

It is consistently producing Bitcoin through mining ⛏️

However, it does not retain any BTC on its balance sheet

Instead, it appears to be selling mined Bitcoin regularly 💰

⚡ Why Would a Miner Sell Everything?

This approach suggests a very different mindset compared to traditional “HODL” strategies:

🔹 Cash Flow First – Selling BTC ensures steady revenue to cover operational costs

🔹 Risk Management – Avoids exposure to Bitcoin price volatility

🔹 Business Stability – Focus on running mining as a predictable business, not speculation

📉 Market Impact

If large mining companies like Bitdeer Technologies Group continue this trend:

👉 Increased selling pressure in the market

👉 Potential short-term price dips

👉 Less long-term accumulation by institutional miners