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Bitdeer said it produced 294.2 Bitcoin BTC this week and sold it all, with current holdings at 0。
Bitdeer maintains zero Bitcoin holdings and sold 294.2 Bitcoin this week BTC
PANews October 17 According to the update, Bitdeer posted a weekly Bitcoin update on X stating that, as of October 16, its Bitcoin production this week was 294.2 Bitcoin, all of which was sold, resulting in net additions of 0 Bitcoin, with current Bitcoin holdings at 0(excluding customer deposits).
Source: https://www.panewslab.com/zh/articles/01a147fc-a687-71c8-b99f-2aba97f5c0d8
PANews reported on October 17 that Bitdeer had released a weekly Bitcoin update.
Bitdeer said that, as of October 16, its Bitcoin production this week was 294.2 Bitcoin.
Bitdeer said that the 294.2 Bitcoin produced this week was sold in full.
Bitdeer said that net additions this week were 0 Bitcoin, with current Bitcoin holdings at 0。
The holdings data excludes customer deposits.
The following is analysis, separate from reported facts. Verify important claims independently.
Bitdeer said it produced 294.2 Bitcoin this week but did not retain these coins in its own holdings; instead, it sold them all, so both net additions and current holdings are 0。
These figures reflect Bitdeer's Bitcoin production, sales, and holdings for the week and can be used to observe whether it continues to sell all of its production going forward.
Beginners can understand “production” as the amount of Bitcoin obtained during the week, while “net additions of 0 Bitcoin” means that its own holdings did not increase this week; this information alone does not indicate that the price of Bitcoin will necessarily rise or fall.
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