Bitdeer mined 146.2 BTC this week; holdings at 1,998.3 BTC after nearly offsetting sales
Nasdaq-listed miner Bitdeer reported its bitcoin holdings were 1,998.3 BTC as of Dec. 26. The company mined 146.2 BTC during the week and sold 144.7 BTC, producing a net increase of 1.5 BTC versus the prior week. This follows an earlier November disclosure when Bitdeer’s holdings were higher (2,084.7 BTC) after net selling activity. The latest update shows Bitdeer’s weekly sales were nearly equal to production, signalling that miner liquidity actions are currently neutralizing fresh supply. For traders, the key takeaways are: miner production remains steady, short-term sell pressure from Bitdeer is limited since weekly sales roughly match mining output, and continued monitoring of miner balance sheets is warranted because larger or sustained sell-offs could add downward pressure to BTC prices. Primary keywords: Bitdeer, BTC holdings, bitcoin mining, miner sell-offs, market supply.
Neutral
The news is classified as neutral for BTC price impact. Bitdeer’s weekly mined volume (146.2 BTC) was nearly fully sold (144.7 BTC), resulting in only a 1.5 BTC net increase in holdings versus the prior week. That parity between production and sales suggests the company’s actions are not creating significant incremental sell pressure beyond normal miner outflows. Compared with the earlier November disclosure showing a larger reduction in holdings, the latest update indicates stabilisation rather than an escalation of miner-driven supply. Short-term impact: limited — traders should not expect a sharp downward price move solely from this update since supply from Bitdeer is largely being recycled rather than dumped. Long-term impact: conditional — if Bitdeer or other miners shift to sustained net selling or liquidate larger reserves, cumulative miner supply could exert downward pressure on BTC. Therefore, monitor ongoing weekly mining and sales disclosures from miners for signs of sustained net sales that would move the market.