Mining companies have turned into a cash flow business—no hoarding coins, no betting on direction, just passing 223 BTC through their hands every week without keeping any. Is this clear-headedness in a bear market, or missing out on the upside option?

BTC2.64%
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According to the official BTC weekly report of Nasdaq-listed Bitcoin mining company Bitdeer, as of July 3, 2026, its own BTC holdings were 0, excluding customer deposits. This week, Bitdeer produced 223.1 BTC and sold 223.1 BTC, with net holdings increasing by 0 BTC. Bitdeer has previously disclosed its own BTC holdings as 0 since February 20, 2026, and this has continued for 19 weeks.
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