Bitcoin Miner With No Coins: Bitdeer Empties Treasury After $12M Sale to Finance AI

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Singapore-based mining firm Bitdeer has sold its entirebitcoin treasury and now holds zero BTC as it reallocates capital into AI andhigh‑performancecomputing (HPC) infrastructure. ,The move marks a clear break from the traditional minerstrategy of stockpiling coins on the balance sheet and signals a focus ongrowth in data centers and hash rate instead.Bitdeer #BTC Weekly Update🔹 BTC Holdings: 0 (pure holdings, excluding customer deposits)🔹 BTC Output: 189.8 BTC🔹 BTC Sold: 189.8 BTC🔹 Net BTC Added: -943.1 BTC📅 Data as of February 20, 2026.#Bitcoin #BTC #BitcoinHoldings #BitcoinCommunity #BTCMining $BTDR pic.twitter.com/vtvBVEui0Q— Bitdeer (@BitdeerOfficial) February 21, 2026Bitdeer Sells All BTC, Builds LiquidityIn its latest weekly update, the Singapore‑basedBitcoin mining and AI infrastructure company reported BTC holdings of zero asof Feb. 20, excluding customer deposits. The company produced 189.8 BTC during the week and sold theentire amount, resulting in net BTC added of minus 943.1 BTC once reserve salesare included. Bitdeer now uses its bitcoin production as a direct source ofliquidity instead of treating it as a long‑term treasury asset.The firm said this decision should not worry the broadermarket. It explained that it is evaluating several powered land acquisitionopportunities and considers it prudent to prepare liquidity in advance while itcontinues to grow hash rate and mine more bitcoin for shareholders.Operationally, Bitdeer continues to scale. The company mined668 BTC in January, up 430% year on year. Its self‑mining hashrate reached 63.2 exahash per second, with total proprietary hash rate at 65.1EH/s.Our decision to sell Bitcoin should not be a concern for the broader market. We are currently evaluating multiple non-binding powered land acquisition opportunities, and we believe it is prudent to prepare liquidity now. Our hash rate will continue to grow, and we will continue…— Bitdeer (@BitdeerOfficial) February 23, 2026Capital‑Intensive AI Push and Sector TrendBitdeer is accelerating its push into AI infrastructure. Itis rolling out NVIDIA GB200 NVL72 systems in Malaysia and converting multiplesites in the United States and Europe from crypto mining facilities into AIdata centers. This expansion requires large‑scale GPU clusters and significantupgrades to data center power and cooling, which makes it more capitalintensive than adding new bitcoin mining rigs.To support this strategy, Bitdeer recently priced a 325million dollar convertible notes offering and completed a 43.5 million dollarequity raise. The proceeds will fund data center expansion, HPC and AI cloudgrowth, and ASIC development.Other miners are adopting similar strategies. Riot Platformshas sold 200 million dollars’ worth of bitcoin to fund operations and AIexpansion.Currently facing a bearish momentum, Bitcoin is tradingaround $64,400, with a modest 24‑hour gain of about 0.14%, whileits weekly performance shows a stronger advance of roughly 5.81%, indicating asteady short‑term uptrend despite only marginal day‑to‑daymovement. This article was written by Jared Kirui at www.financemagnates.com.