5 hours ago
Bitdeer Technologies (BTDR) boosted its bitcoin (BTC) holdings by astir 75% successful 2 months by redirecting immoderate of its mining rigs to aforesaid accumulation aft customers asked to hold payments for the SEALMINER A2 units during the largest cryptocurrency's terms decline.
The Singapore-based company's holdings roseate to 1,039 BTC arsenic of February 2025, up from 594 BTC successful December, it said successful a release. The accrued holdings presumption it among the apical bitcoin miners erstwhile it comes to BTC treasuries. Still, it trails down the largest holders: MARA Holdings with 46,374 BTC and Riot Platforms with 18,692 BTC.
Bitdeer's main absorption is the improvement of its bitcoin mining chips, and says its caller A3 miner achieved important vigor ratio successful caller tests. It posted a $531.9 cardinal nett loss for the 4th quarter, attributed to investments successful the improvement of its mining rigs.
The mining steadfast produced 110 BTC successful February, down from 126 BTC successful January, successful portion due to the fact that of the shorter month. Its full proprietary hash complaint accrued to 9.4 exahashes per 2nd (EH/s), up from 8.9 EH/s successful December.
The company's shares roseate 0.85% to $10.66 successful Nasdaq trading.
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