Bitdeer no dey keep BTC, dem dey sell 126.3 BTC every week from mining
Nasdaq-listed Bitcoin miner Bitdeer talk for X say dem still get zero BTC. For the week wey end March 20, the company mined 126.3 BTC and sell all 126.3 BTC.
For traders, dis na steady “mine-and-sell” profile: Bitdeer BTC balance no dey rise, so no miner-driven accumulation bid dey. Short term, steady liquidation wey equal to weekly output fit add small sell-pressure around miner distribution cycles, especially if spot demand weak. Long term, to keep zero holdings limit any sustained support wey fit come from balance expansion.
Bearish
Bitdeer dey report say dem no get any BTC and dem dey sell all di BTC wey dem mine every week, including 126.3 BTC for di week wey end for March 20. Dat mean say no balance dey build wey fit support price through miner accumulation effect. For short term, steady sell-to-cover behavior fit create ongoing distribution supply at about di same pace as production, we fit put pressure for spot markets if demand no strong. For long term, di zero-holdings stance usually dey stop miners from providing sustained incremental bids, making di market more exposed to external demand signals instead of miner-driven support.