Bitdeer Applied sciences Group has emptied its Bitcoin treasury, promoting each coin on its books and bringing its company stability to zero.
The transfer follows weeks of regular disposals and comes as the corporate pursues recent capital to fund growth plans outdoors pure mining.
Bitdeer Sells Whole Bitcoin Holding
Based mostly on reviews, the corporate offloaded each newly mined tokens and long-held reserves by way of February 2026. Round 189.8 BTC from latest output had been offered, together with roughly 943.1 BTC beforehand stored on the stability sheet.
By the point the transactions had been settled, no crypto remained in company custody. Reviews say this drawdown gathered tempo after Bitdeer unveiled plans to lift greater than $300 million by way of convertible notes.
Bitdeer #BTC Weekly Replace
🔹 BTC Holdings: 0 (pure holdings, excluding buyer deposits)
🔹 BTC Output: 189.8 BTC
🔹 BTC Offered: 189.8 BTC
🔹 Internet BTC Added: -943.1 BTC
📅 Information as of February 20, 2026.#Bitcoin #BTC #BitcoinHoldings #BitcoinCommunity #BTCMining $BTDR pic.twitter.com/vtvBVEui0Q— Bitdeer (@BitdeerOfficial) February 21, 2026
The inventory market responded rapidly. Shares slid about 15% after the disclosures, reflecting concern over dilution and rising debt obligations. Whereas miners usually promote a part of their manufacturing to cowl working prices, a full liquidation of reserves is uncommon. That distinction has fueled debate amongst traders about what the choice indicators.
Bitcoin Worth Motion
Bitcoin’s personal value backdrop has been something however calm. The alpha coin has been uneven however regular round key macro headlines, holding a variety close to the mid-$67,000s to high-$60,000s in latest classes.
After heightened geopolitical pressure between the US and Iran stirred safe-haven flows and wider swings in threat property, BTC briefly climbed above $68,000 earlier than profit-taking pulled it again. Merchants stay cautious. Volatility has been tied to geopolitical threat temper and actions in conventional markets.
On the similar time, the US Supreme Court docket’s ruling that struck down elements of US President Donald Trump’s tariff framework triggered a modest bounce throughout threat property, together with Bitcoin.
Positive aspects didn’t final lengthy. BTC ticked up after the SC ruling however later met promoting strain as markets weighed the influence and Trump signaled new tariff choices.
The general sample factors to range-bound buying and selling, with macro headlines guiding short-term route reasonably than a powerful breakout.
Why The Firm Selected To Increase Money
Reviews notice that Bitdeer plans to channel the brand new funds into growth of knowledge facilities, AI-related companies, and in-house ASIC improvement. Administration seems to favor liquidity over holding by way of value swings.
Some analysts argue it is a sensible response to tighter mining economics, the place energy prices and gear upgrades pressure margins.
Others view the whole sale as a daring pivot away from the “maintain and wait” mannequin embraced by sure rivals.
The corporate has not signaled a everlasting exit from holding Bitcoin sooner or later, however for now, its stability sheet stands empty of the asset it produces.
Featured picture from Unsplash, chart from TradingView
Editorial Course of for is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent assessment by our group of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
