Bitdeer Technologies (BTDR) increased its Bitcoin (BTC) holdings by almost 75% in two months by redirecting some of its mining platforms to self -production after customers asked to delay payments of the Minero A2 units during the highest decrease in the price of cryptocurrency.
Singapore -based company with headquarters increased to 1,039 BTC as of February 2025, compared to 594 BTC in December, he said in a statement. The increase in holdings places it among the main Bitcoin miners when it comes to BTC Treasury bonds. Even so, it is still behind the largest headlines: Mara Holdings with 46,374 BTC and riot platforms with 18,692 BTC.
Bitdeer’s main approach is the development of his Bitcoin mining chips, and says his new A3 miner achieved significant energy efficiency in recent tests. He published a net loss of $ 531.9 million for the fourth quarter, attributed to investments in the development of their mining platforms.
The mining firm produced 110 BTC in February, below 126 BTC in January, partly due to the shortest month. Its total hash rate increased to 9.4 exahashes per second (eh/s), compared to 8.9 eh/s in December.
The company’s shares increased 0.85% to $ 10.66 in Nasdaq trade.
