Transforming Bitcoin Mining: Bitdeer’s Bold Move Towards AI Infrastructure
Bitdeer (BTDR), a Singapore-based bitcoin mining and AI infrastructure powerhouse, has made a groundbreaking decision: it has reduced its bitcoin holdings to zero. This marks a dramatic shift from the typical miner strategy of hoarding coins as a show of confidence.
Key Highlights:
- Bitcoin Holdings: Zero BTC reported as of Feb. 20, moving away from hoarding.
- Production Focus: Sold 189.8 BTC to enhance liquidity for ongoing operations.
- Operational Growth: Achieved a remarkable 430% increase in bitcoin mined year-over-year with a self-mining hash rate of 63.2 EH/s.
- AI Expansion: Investing in cutting-edge NVIDIA GB200 NVL72 systems, signaling a strong pivot to AI infrastructure.
The trend is catching on, with peers like Riot Platforms and Bitfarms also diversifying into AI.
In a rapidly evolving landscape, Bitdeer is redefining its value proposition.
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