I just noticed an interesting piece of news about Bitdeer Technologies— the company has completely emptied its BTC reserves. According to the latest weekly report, net assets have fallen to zero, while 189.8 BTC was sold from mining plus another 943.1 BTC was withdrawn from the treasury. This is a serious strategic shift.



Interestingly, Bitdeer Technologies also announced raising $300 million through convertible bonds. The funds will go toward expanding data centers and AI infrastructure. It looks like the company is betting on a hybrid model— rather than holding Bitcoin, it’s investing in computing power for AI.

This reflects a broader trend in the industry. Marathon and other miners are also shifting toward AI services. When margins tighten after the halving, diversification toward AI infrastructure looks logical. Bitdeer Technologies has clearly chosen cash and expansion over accumulating BTC.

The market responded with a decline in stock prices, but this could be a long-term play. It will be interesting to see whether this strategic pivot holds.
BTC-0,67%
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Kiler
· 17h ago
cool
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