Bitdeer sells all mined Bitcoin weekly under “zero-BTC” treasury policy

Published: 2026-03-21 05:48:31 |

Singapore-based, Nasdaq-listed miner Bitdeer Technologies Group (Bitdeer) sold 100% of its newly mined Bitcoin for the latest week, liquidating 126.3 BTC. The company says it has kept a “zero-BTC treasury” policy since February, meaning Bitdeer sells mined Bitcoin immediately for fiat to limit exposure to BTC price swings. Bitdeer’s approach is presented as a conservative cash-flow strategy. By converting mined Bitcoin right away, it aims to reduce balance-sheet volatility, support predictable operating costs (notably electricity), and potentially smooth earnings-report timing gaps. The article also contrasts Bitdeer with peers such as Marathon Digital and Riot Platforms, which generally hold larger Bitcoin reserves as longer-term treasury or collateral. At current prices, 126.3 BTC is estimated around $8.2 million. While small versus total daily market volume, repeated Bitdeer sell-to-fiat flows add a steady sell-side supply component that could weigh on short-term sentiment, even if parts of the effect may be offset by institutional demand (e.g., ETFs). For traders, the key takeaway is that Bitdeer sells mined Bitcoin on a regular schedule, implying ongoing mechanical BTC sell pressure rather than discretionary holding.

Neutral

Bitdeer again sold all mined BTC (126.3 BTC) under its “zero-BTC treasury” policy, which typically increases consistent sell-side supply and can pressure BTC sentiment in the short run. The article also frames the move as reducing balance-sheet volatility and improving predictable operating cash flow, which may encourage continued routine selling. However, the actual volume cited is modest relative to overall daily BTC turnover, so the direct price impact on BTC is likely limited. The effect could also be partially offset by other flows, including institutional demand such as ETFs mentioned in the article. Net-net, the news is best viewed as neutral for BTC: it signals ongoing miner sell behavior, but without evidence of a large, market-moving acceleration.