Bitdeer Technologies Group has trimmed its Bitcoin holdings again.
Last week, the Nasdaq-listed mining company cut 96.5 BTC from its treasury. That brings its total reserves down to about 943.1 BTC, according to data from BitcoinTreasuries.
That move pushed Bitdeer’s holdings below the 1,000 BTC mark — a level many investors watch closely.
Bitcoin miners often sell part of what they mine. It’s normal. They need cash to cover electricity bills, equipment costs, staff, and sometimes debt. Selling Bitcoin helps them manage daily expenses and protect their balance sheets, especially when prices are volatile.
What stands out here is that the reduction happened even though Bitdeer is still actively producing Bitcoin. The drop below 1,000 BTC signals a shift in how the company is managing its reserves.
Market watchers pay close attention to miner selling. When large mining firms reduce their holdings, it can add pressure to the market — particularly during uncertain or choppy price conditions.
Bitdeer runs large-scale Bitcoin mining facilities and also offers hosting services for other crypto mining operations. Its shares are traded on the Nasdaq, making it one of the more visible public players in the mining space.
For now, the company appears focused on managing costs and keeping its financial position steady.
