Bitdeer Boosts Bitcoin Holdings by 75%, Now Holds 1,039 BTC

The company shifted its mining rigs to self-mining after customers delayed payments amid Bitcoin's price decline.

Key Points:

• Bitdeer Technologies expanded its Bitcoin holdings by 75% over two months, reaching 1,039 BTC as of February.
• The company redirected some mining equipment to self-mining after customers delayed payments amid Bitcoin’s price drop.
• Bitdeer mined 110 BTC in February, down from 126 BTC in January.

Bitdeer Technologies (BTDR) increased its Bitcoin (BTC) holdings by nearly 75% over two months by reallocating some mining rigs to self-mining. This shift came after customers requested to delay payments for SEALMINER A2 units during Bitcoin’s price decline.

The Singapore-based company reported that its BTC holdings reached 1,039 BTC as of February 2025, up from 594 BTC in December. This growth places Bitdeer among the top Bitcoin miners in terms of BTC reserves, though it remains behind major holders like MARA Holdings with 46,374 BTC and Riot Platforms with 18,692 BTC.

Bitdeer remains focused on developing its Bitcoin mining chips and reported that its new A3 miner demonstrated significant energy efficiency in recent tests. The company posted a net loss of $531.9 million for the fourth quarter, largely due to investments in mining rig development.

Bitdeer mined 110 BTC in February, down from 126 BTC in January, partly due to the shorter month. The company’s total proprietary hash rate grew to 9.4 exahashes per second (EH/s), up from 8.9 EH/s in December.

Bitdeer’s shares rose 0.85% to $10.66 in Nasdaq trading.