Crypto mining company Bitdeer said in its official weekly report that it produced 149.7 BTC in the week ended April 3, 2026, and that all of those newly mined coins have already been sold. The update underscores the company’s current treasury approach: converting mined Bitcoin into cash rather than holding it on the balance sheet.
An immediate-sale mining strategy
According to the report, Bitdeer maintains a net zero Bitcoin position on its balance sheet, excluding customer deposits. In practical terms, this means the company is not accumulating self-mined Bitcoin as a treasury asset. Instead, it continues to follow a strategy of selling production shortly after it is mined.
For listed and large-scale mining firms, the choice between holding mined BTC and selling it immediately can signal very different views on liquidity, risk management, and market exposure. Bitdeer’s disclosure suggests that the company is prioritizing cash generation and balance-sheet stability over potential upside from future Bitcoin price appreciation.
Lower exposure to price swings
Maintaining no net Bitcoin holdings can reduce direct exposure to market volatility and may make financial management more predictable. While such a model can limit gains during strong rallies, it may also help a miner better match operating costs, capital spending, and financing needs with realized cash flow.
The weekly update focused on production and sales activity and did not provide additional details such as the average sale price, total proceeds, or any future change in treasury policy. Still, the key figures are clear: 149.7 BTC mined, 100% sold, and a continuing net zero BTC balance-sheet position.