Bitdeer keeps zero BTC, sells 126.3 BTC weekly from mining
Nasdaq-listed Bitcoin miner Bitdeer says on X it still holds zero BTC. For the week ending March 20, the firm mined 126.3 BTC and sold all 126.3 BTC.
For traders, this is a consistent “mine-and-sell” profile: Bitdeer’s BTC balance does not rise, so there is no miner-driven accumulation bid. Short term, steady liquidation equal to weekly output can add modest sell-pressure around miner distribution cycles, particularly if spot demand is weak. Over the longer term, maintaining zero holdings limits any sustained support that could come from balance expansion.
Bearish
Bitdeer reports zero BTC holdings and sells all mined BTC each week, including 126.3 BTC for the week ending March 20. That means there is no balance build-up that could support price via a miner accumulation effect. In the short term, consistent sell-to-cover behavior can create ongoing distribution supply at roughly the same pace as production, which may pressure spot markets if demand is not strong. In the longer term, the zero-holdings stance typically prevents miners from providing sustained incremental bids, keeping the market more exposed to external demand signals rather than miner-driven support.