Bitcoin Miner Bitdeer Grows BTC Reserves by 75% to 1,039 BTC Over the Past Two Months

Bitdeer Increases BTC Reserves by 75% After Pivoting to Self-Mining

Bitdeer Technologies (BTDR) has significantly expanded its bitcoin (BTC) holdings, increasing them by 75% over two months as the company redirected some of its mining rigs to self-mining. The move came after customers delayed payments for SEALMINER A2 units amid Bitcoin’s price downturn.

As of February 2025, Bitdeer’s BTC reserves climbed to 1,039 BTC, up from 594 BTC in December, according to a company statement. This boost strengthens Bitdeer’s position among the top Bitcoin miners, though it still trails leading holders MARA Holdings (46,374 BTC) and Riot Platforms (18,692 BTC).

The firm continues to focus on its bitcoin mining chip innovations, with its new A3 miner showing promising energy efficiency improvements in recent tests. However, the company reported a $531.9 million net loss in Q4, primarily due to investments in mining hardware development.

In February, Bitdeer mined 110 BTC, slightly down from 126 BTC in January, a decline partly attributed to the shorter month. Meanwhile, its total proprietary hash rate increased to 9.4 exahashes per second (EH/s) from 8.9 EH/s in December.

Following the announcement, Bitdeer’s stock rose 0.85% to $10.66 in Nasdaq trading.