Bitdeer sold all 166 BTC produced this week, worth approximately $10.96 million

On February 28, Wu Jihan’s Bitcoin mining company Bitdeer (BTDR) mined 166 BTC for the week ending February 27 and sold all 166 BTC, worth approximately $10.96 million. Bitdeer’s BTC balance remains at zero. On February 22, Bitdeer announced that it had fully liquidated its own BTC holdings, and all mining output was also sold. Wu Jihan later stated: “Having zero holdings now does not mean it will always be the case in the future.”