Bitdeer Boosts BTC Holdings to 1,764.2 BTC After 80.4 BTC Mined
Nasdaq-listed miner Bitdeer has increased its pure BTC holdings from 1,718.1 BTC on August 8 to 1,764.2 BTC as of August 15, reflecting a net gain of 46.1 BTC over the week. During this period, its Bitcoin mining operations delivered 80.4 BTC and sold 34.3 BTC to cover operating costs. In the previous Bitcoin mining week to August 8, Bitdeer had mined 74.8 BTC and sold 32.6 BTC, achieving a net increase of 42.2 BTC. Overall, Bitdeer’s Bitcoin mining output reached 155.2 BTC across two weeks with total sales of 66.9 BTC, resulting in a cumulative net accumulation of 88.3 BTC. This steady rise in BTC holdings underscores Bitdeer’s confidence in Bitcoin’s long-term outlook, while its balanced production-to-sales ratio highlights prudent liquidity management. Traders should watch mining balance sheets and supply dynamics, as growing miner reserves may tighten spot supply and influence Bitcoin price momentum.
Bullish
Bitdeer’s continuous accumulation of Bitcoin, demonstrated by its rise in BTC holdings from 1,718.1 to 1,764.2 over one week, signals strong confidence and exerts upward pressure on spot supply. While periodic sales to cover costs provide liquidity and limit extreme volatility, the net increase in miner reserves typically tightens market supply, creating a bullish outlook for Bitcoin. In the short term, reduced outflows to exchanges may support price momentum, and in the long term, sustained accumulation by major miners underpins Bitcoin’s price resilience.