Bitdeer sells all 265.6 BTC mined this week

Nasdaq-listed Bitcoin miner Bitdeer said on its official X account it mined 265.6 BTC this week and sold the entire amount. The company has maintained a zero-BTC treasury strategy since February, under which it has sold all BTC it mined. Bitdeer reduced its BTC holdings to zero as of Feb. 20 and has since immediately converted newly mined Bitcoin into cash.