Bitdeer Expands Bitcoin Holdings by 75% as It Shifts Focus to Self-Mining

Bitdeer Technologies (BTDR) has ramped up its bitcoin (BTC) reserves, increasing holdings by 75% in two months after pivoting some of its mining rigs to self-mining. The shift occurred as customers requested deferred payments for SEALMINER A2 units during Bitcoin’s price decline.

As of February 2025, Bitdeer held 1,039 BTC, up from 594 BTC in December, the company said in a statement. This places Bitdeer among the larger Bitcoin mining firms in terms of BTC reserves, though it remains behind industry leaders MARA Holdings (46,374 BTC) and Riot Platforms (18,692 BTC).

The company is prioritizing the development of next-generation mining hardware, with its A3 miner demonstrating notable energy efficiency improvements in recent testing. Despite this progress, Bitdeer posted a $531.9 million net loss in Q4, largely due to continued investments in mining infrastructure.

Bitdeer mined 110 BTC in February, a drop from 126 BTC in January, partially attributed to the shorter month. Meanwhile, the company’s total proprietary hash rate increased to 9.4 exahashes per second (EH/s), up from 8.9 EH/s in December.

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