Bitdeer said its corporate "pure holdings" are now 0 BTC after producing 189.8 BTC during the period and selling that plus an additional 943.1 BTC liquidated from its treasury (total sold 1,132.9 BTC). The company also announced a $300 million (plus $45M option) convertible senior note due 2032 to fund data center expansion, AI cloud growth, mining hardware development and general needs, and said it is increasingly using its own rigs to self-mine amid weakening hardware demand.

Bitdeer sold a concrete, sizeable amount of BTC (189.8 BTC mined + 943.1 BTC from treasury = 1,132.9 BTC) and now holds 0 BTC; the company also issued a $300M convertible note to raise funds — facts that indicate direct selling pressure and capital-raising activity.