Bitdeer sold all 265.5 BTC it produced that week and held no bitcoin on its balance sheet, excluding customer deposits. The sale may bring in cash, but the report gives no sale value or use for the proceeds, so it does not show a clear change in the company’s outlook.
Selling newly mined bitcoin brings in proceeds, but the report gives no sale price or intended use. It also does not say whether keeping no bitcoin changes Bitdeer’s costs, cash needs, or future mining. The update alone does not show a change in the company’s outlook.
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