BTC

Bitdeer Increases Bitcoin Holdings Amid Price Decline

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28 Feb 2025

Bitdeer Technologies Expands Bitcoin Holdings

Bitdeer Technologies has made a significant move by purchasing an additional 50 bitcoins. This decision was made as bitcoin prices appeared on the brink of experiencing the steepest decline since June 2022.

On social media, the bitcoin mining entity disclosed that the acquisition cost them an average of $81,475 per bitcoin. This recent transaction elevates Bitdeer's entire bitcoin reserve to a total of 855 bitcoins.

The current valuation of their bitcoin reserve stands at roughly $69 million, as per the statistics available from Bitcoin Treasuries.

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Bitdeer Technologies Expands Bitcoin Holdings

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