Bitdeer Technologies (BTDR) increased its Bitcoin (BTC) possessions by almost 75% in two months by redirecting some of its minerigs into self -production after customers asked to postpone payments to Sealmines A2 units under the largest cryptocurrency’s price drop.
The Singapore-based company’s holdings rose to 1,039 BTC from February 2025, up from 594 BTC in December, it said in a release. The increased possessions place it among the top Bitcoin mine workers when it comes to BTC state boxes. Still, it tracks behind the biggest holders: Mara Holdings with 46,374 BTC and Riot Platforms with 18,692 BTC.
Bitdeer’s main focus is the development of its bitcoin mining chips, saying its new A3 mines achieved significant energy efficiency in recent tests. It emitted a net loss of $ 531.9 million for the fourth quarter, which was attributed to investments in the development of its minerig.
The mining company produced 110 BTC in February, down from 126 BTC in January, partly due to the shorter month. Its total proprietary hash rate increased to 9.4 exahashes per day. Second (eh/s), up from 8.9 eh/si December.
The company’s shares rose 0.85% to $ 10.66 in NASDAQ trade.
