Bitdeer Technologies sold 1,506 Bitcoin in August for about $105 million, reducing its Bitcoin reserves from 257 to 61 BTC. This follows its zero-treasury policy started in February 2026, where it converts nearly all mined Bitcoin into cash to fund expansion into AI cloud infrastructure and high-performance computing. The firm’s AI cloud business is growing, highlighted by a $4.7 billion lease deal in Norway with potential to reach $8 billion. Bitdeer’s strategy limits its exposure to Bitcoin price fluctuations and adds significant monthly Bitcoin supply to the market, impacting the broader mining sector.
Bitdeer Technologies sold 1,506 Bitcoin for about $105 million in August, reducing its reserves to 61 BTC amid a zero-treasury policy. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 17, 2026 21:23 WIB: out of 50 major cryptocurrencies, 46 rose and 3 fell. Notable movers include DOT at Rp18.392 (+7.17%), LINK at Rp201.554 (+6.83%), and XLM at Rp3.282 (+6.49%).
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Bitcoin experienced volatility after U.S. jobless claims dropped more than expected, signaling a strong labor market. This data supports the Federal Reserve's possibility of maintaining or increasing interest rates to combat inflation. Following the ...
