Bitdeer Q2 Bitcoin Mining Output Surges Nearly Fivefold
Bitdeer mined 2,694 Bitcoin during the second quarter but held only 150 BTC at quarter-end following earlier treasury liquidations.
Bitcoin mining firm Bitdeer significantly expanded its production capacity in the second quarter, mining a total of 2,694 BTC. The figure represents a nearly fivefold increase in output compared to previous periods.
Despite the surge in production, the company held just 150 BTC in its treasury at the close of the quarter. The low inventory level follows a strategic liquidation of its digital asset reserves earlier in the year.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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