Cryptocurrency mining company BitDeer, which announced last weekend that it had sold all its Bitcoin holdings, has released a statement.
Bitdeer, Bitcoin ($BTC) The mining company founded by Jihan Wu, one of Bitmain’s founders, announced that it has sold all of Bitmain’s assets. $BTC Holdings status as of February 20th.
Although this situation has caused concern in the market, Jihan Wu and Bitdeer said in their announcement that investors and the industry do not need to worry.
Wu said the company’s zero Bitcoin balance is not permanent and the decision to sell does not imply future profits. $BTC In the future the balance will always be zero.
Bitdeer said in a press release that the company plans to acquire land for growth and the sale is to raise cash.
The company also added that it will continue mining Bitcoin.
“Our decision to sell Bitcoin should not be a cause for concern for the market as a whole.”
The Company is currently evaluating non-binding enhanced land acquisition opportunities and believes now is a prudent approach to provide liquidity.
Our hashrate will continue to rise and we will continue to mine even more Bitcoins in the best interests of our shareholders. ”
According to data from BitcoinTreasuries, Bitdeer’s zero $BTC Our balance sets us apart from other listed companies. MARA Holdings holds approximately 53,250 $BTCRiot Platforms, on the other hand, reports about 18,000. $BTC. Strategy, Inc., the largest institutional Bitcoin holder, holds over 717,000 Bitcoins. $BTC.
*This is not investment advice.
