According to an official statement, Bitdeer explained that its decision to sell some Bitcoin was not driven by market concerns but rather to prepare for several potential land acquisition opportunities currently under review. Given the capital-intensive nature of these prospects, the company believes that securing liquidity in advance is a prudent move.
Bitdeer also emphasized that its Bitcoin mining hash rate will continue to grow, and its mining operations will steadily expand. This strategic approach aims to reinforce its position in the global Bitcoin mining sector while better safeguarding shareholder interests.
Despite ongoing market volatility, the company highlighted the stability of its financial strategy and stated its commitment to exploring further opportunities for strategic expansion that support long-term, sustainable growth.