Odaily reported that Nasdaq-listed Bitcoin mining company Bitdeer has released its latest Bitcoin holdings update on X. For the week ending June 12, Bitdeer reported Bitcoin mining output of 194.4 BTC. During the same period, the company sold 194.4 BTC, matching the amount it produced through mining.
Based on the figures disclosed by the company, Bitdeer’s net Bitcoin increase for the week was 0 BTC. In other words, the quantity of BTC mined during the period was fully offset by the quantity sold in the same period. As a result, the company’s disclosed Bitcoin balance did not increase from this week’s mining production.
Bitdeer therefore continues to maintain zero Bitcoin holdings according to the latest update. The key numbers in the disclosure are the weekly mining output of 194.4 BTC, the weekly sale of 194.4 BTC, and the resulting net addition of 0 BTC. BTC is the commonly used unit for Bitcoin, and the update focuses only on Bitdeer’s production, sales and current holding status as reported.