Bitdeer announced on Twitter that as of November 14, the company's net Bitcoin holdings have increased to 2,470.3 BTC; this week it mined 125.5 BTC but sold 70.3 BTC, resulting in a net increase of 202 BTC.
The above figures are the amount of BTC owned directly by Bitdeer (excluding customer deposits). The information details the company's weekly mining output and sales volume for the same period.
- Bitdeer holds 2,470.3 net BTC (excluding customer deposits).
- Weekly mining output: 125.5 BTC; sold: 70.3 BTC.
- Net gain for the week: 202 BTC.
Bitdeer Announcement Details
Bitdeer said its net Bitcoin balance reached 2,470.3 BTC as of November 14; this week it mined 125.5 BTC and sold 70.3 BTC, resulting in a net increase of 202 BTC.
The term “net holdings” refers to the amount of BTC directly owned by the company, excluding balances that customers deposit for storage or management. The summary figure helps assess the company's short-term asset accumulation trend.
Meaning of mining output and sales volume
Mining 125.5 BTC but selling 70.3 BTC shows that Bitdeer retained most of the production, resulting in a net increase of 202 BTC for the week.
Holding BTC may reflect a wealth accumulation strategy or macro risk management; conversely, selling a portion of output helps maintain liquidation and operating costs. It is necessary to monitor the chain for several weeks to determine the long-term trend.
How to read data for investors
Net balance and weekly volatility provide information on a mining company's Capital strategy and solvency.
Investors should compare this data with financial statements, operating costs and market price movements to assess the impact on profitability and operating risk.
Is Bitdeer counting customers' Bitcoin in this figure?
No, the 2,470.3 BTC figure is listed as “net”, meaning it excludes customer deposits or assets.
How is the net increase of 202 BTC calculated?
Net increase is the difference between mined output (125.5 BTC) and sold volume (70.3 BTC) in the same period, resulting in 202 BTC.
Where is this information published?
Public information posted by Bitdeer on the company's Twitter account regarding balance and mining output for the period.
