{"id":22532,"date":"2026-02-23T06:34:49","date_gmt":"2026-02-23T06:34:49","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitdeer-cuts-btc-holdings-to-zero-as-bitcoin-slides-to-65k\/"},"modified":"2026-02-23T06:35:18","modified_gmt":"2026-02-23T06:35:18","slug":"bitdeer-cuts-btc-holdings-to-zero-as-bitcoin-slides-to-65k","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitdeer-cuts-btc-holdings-to-zero-as-bitcoin-slides-to-65k\/","title":{"rendered":"Bitdeer cuts BTC holdings to zero as Bitcoin slides to $65K"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Crypto mining firm Bitdeer Technologies Group has reduced its pure Bitcoin holdings to zero after selling its entire weekly production, as Bitcoin slid to around $65,000 amid renewed market pressure.<\/p>\n<div id=\"cn-block-summary-block_0f7131b16476dce6a79771d608fd458c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitdeer Technologies Group reported zero pure BTC holdings as of Feb. 20, 2026, after selling its entire weekly output of 189.8 BTC.<\/li>\n<li>The company disclosed BTC output of 189.8 BTC and BTC sold of 189.8 BTC, with net BTC added at -943.1 BTC.<\/li>\n<li>The update comes as Bitcoin trades around $65,000, increasing pressure on miner profitability.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In a weekly update <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/BitdeerOfficial\/status\/2025136775266550191?s=20\" target=\"_blank\" rel=\"nofollow\">posted<\/a> on X, Bitdeer said its BTC holdings (pure holdings, excluding customer deposits) stood at \u201c0\u201d as of Feb. 20, 2026. The company reported BTC output of 189.8 BTC for the week and confirmed it sold the same amount \u2014 189.8 BTC \u2014 resulting in no additions to its balance sheet.<\/p>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p>The update also showed \u201cNet BTC Added: -943.1 BTC,\u201d reflecting cumulative net outflows over the reporting period. Bitdeer\u2019s latest disclosure signals a full liquidation of proprietary holdings at a time when miners are navigating tighter margins and heightened volatility.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Meanwhile, Bitcoin (BTC) was trading near $65,000 on Feb. 20, marking a notable pullback from recent highs. The price weakness has placed additional strain on mining companies, whose profitability depends heavily on BTC\u2019s market value relative to operational costs such as electricity and hardware.<\/p>\n<p>Bitdeer\u2019s decision to sell its entire weekly output suggests a shift toward a more defensive treasury strategy, prioritizing liquidity over long-term accumulation. During previous bull cycles, several publicly listed miners opted to hold a portion of mined BTC in anticipation of further upside. <\/p>\n<p>However, prolonged price consolidation and rising network difficulty have altered that calculus for some operators.<\/p>\n<p>The company did not provide additional commentary on whether it intends to resume accumulating Bitcoin if prices recover. For now, Bitdeer joins a growing list of miners choosing to offload production into the market, signifying the pressure facing the sector as Bitcoin hovers at multi-month lows.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto mining firm Bitdeer Technologies Group has reduced its pure Bitcoin holdings to zero after selling its entire weekly production, as Bitcoin slid to around $65,000 amid renewed market pressure.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22532"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22532\/revisions"}],"predecessor-version":[{"id":22533,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22532\/revisions\/22533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6248"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}