Bitdeer (BTDR) Sells Entire Bitcoin Treasury on Feb. 21, Cites Liquidity Management

Bitdeer liquidated 100% of its corporate Bitcoin holdings, selling 943.1 BTC from reserves plus 189.8 BTC of newly mined coins (1,132.9 BTC total) to bring its balance to zero. The company says proceeds will fund data center expansion and AI cloud infrastructure, and frames the move as part of a broader miner trend shifting capital from holding BTC to scaling high-performance compute and AI capacity.
AI Analysis
Bitdeer sold 100% of corporate BTC (943.1 BTC from reserves + 189.8 BTC newly mined = 1,132.9 BTC) and reduced its balance to zero; proceeds earmarked for data center and AI cloud expansion; summary states this reflects a broader miner trend away from holding BTC toward scaling compute. These stated facts underlie the negative sentiment and the moderate–high market impact score.