Bitdeer sells 292.3 BTC, reports zero pure holdings

A weekly bitcoin sale has turned a miner's entire reported output into sale volume without adding to its own coin balance. Bitdeer Technologies Group NASDAQBTDR, a Singapore-based operator of bitcoin mines and AI cloud infrastructure, reported 292.3 BTC produced and 292.3 BTC sold for the week through Oct. 2. Its post, published Oct. 3, listed zero net bitcoin added and zero pure holdings, excluding customer deposits.

Bitdeer shares were US$10.64 at Thursday's Nasdaq close, according to the NASDAQBTDR quote as of 4:00:01 p.m. EDT. That Oct. 1 reading predates the Oct. 2 data cutoff and the Oct. 3 post, so it cannot show a share reaction to the weekly figures.

Bitdeer's Sept. 25 weekly report listed 288.1 BTC mined and 288.4 BTC sold, with no pure holdings. The new week's output was 4.2 BTC higher, while sales were 3.9 BTC higher. Mugglehead's account of the Sept. 25 tally followed the previous week's small excess of sales over output.

The Oct. 3 post gives coin quantities but no sale price, US dollar proceeds, transaction dates or weekly mining costs. The post does not identify the sale settlement currency or proceeds, so it does not establish a cash inflow amount or whether mining was profitable. It also leaves customer deposits outside the zero-holdings count.