mara

$BTC miner Bitdeer liquidated 943 BTC from reserves and sold newly mined coins, cutting corporate holdings to zero.
Bitcoin mining firm Bitdeer has sold all of its corporate Bitcoin holdings, reducing its treasury balance to zero, according to the company’s latest operational update.
In its latest weekly report, Bitdeer disclosed that its “pure holdings,” excluding customer deposits, have fallen to 0 #BTC . The report shows the company produced 189.8 BTC during the period and sold the full amount, alongside an additional 943.1 BTC, which was liquidated from its existing treasury reserves.
In its earlier update on Feb. 13, the miner still held 943.1 BTC, selling 179.9 BTC out of 183.4 BTC mined that week, leaving its treasury intact despite routine sales of newly mined coins.

Mining firms commonly sell a portion of production to fund electricity, hosting and equipment costs, but they also maintain a treasury balance to keep exposure to $BTC price appreciation. Fully liquidating reserves is less typical.
Bitdeer announces $300 million convertible debt raise
On Thursday, Bitdeer’s shares fell sharply after the company announced plans to raise $300 million through a convertible senior note offering, with an option to expand the sale by an additional $45 million. The notes, due in 2032, can later be converted into company stock, cash or a mix of both.
The company, founded by former #bitmain co-founder Jihan Wu, said the funds will support data center expansion, AI cloud growth, mining hardware development and general corporate needs.
#Bitdeer has also been expanding its self-mining operations as demand for its mining hardware weakens, increasingly using its own rigs to mine Bitcoin rather than selling them to customers.
Bitcoin miners pivot to AI
On Friday, #MARA Holdings purchased a majority stake in French computing infrastructure firm Exaion, moving deeper into artificial intelligence and cloud services. The deal gives MARA France a 64% ownership position while energy company EDF remains a minority shareholder and customer.
The transaction came amid a wider shift across the mining industry. Following the 2024 halving and tighter margins, several miners have adopted a hybrid model that combines $BTC production with AI and high-performance computing revenue.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
#bullishleo

鏈日常獲悉，礦業公司 MARA Holdings 2025 年 8 月挖出 705 枚比特幣，截至月底，其比特幣總持倉量增至 52,477 枚。公司並未出售任何挖礦所得，顯示其穩固囤幣與看長、多頭策略。此舉反映出礦業端持續扮演市場價格穩定器與供應端的關鍵角色。
#MARA