Bitdeer Technologies has sold every single Bitcoin it owned. Since February 21, the NASDAQ-listed mining firm has offloaded more than 3,231 BTC worth over $205 million, choosing cold hard cash over the digital gold it spent massive amounts of energy producing.

From Bitcoin maximalist to zero holdings

The liquidation was swift and deliberate. Bitdeer held approximately 1,530 BTC at the end of January 2026. By February 20, that number was zero.

In one particularly aggressive weekly stretch, the company sold 189.8 newly mined BTC alongside 943.1 BTC from its existing reserves. Every coin mined after that point has been sold immediately upon production, a strategy that has now generated the $205 million-plus total.

Bitdeer produced 705 BTC in February 2026 alone, a 541% increase compared to the same month a year earlier. Its self-mining hash rate hit 68 EH/s, with total hash power under management reaching roughly 79 EH/s.