Jihan Wu Responds to Bitdeer's Bitcoin Liquidation
Recently, Jihan Wu addressed the news that Bitdeer had liquidated all its Bitcoin holdings. He clarified that while the company currently holds no Bitcoin, this does not mean it won't hold any in the future.
Background Context
Earlier reports indicated that Bitdeer had completely sold off its Bitcoin reserves, including all mining rewards generated this week. This move sparked speculation about the company's long-term strategy.
- Current Bitcoin holdings at zero
- Future purchases will depend on market conditions
- Bitdeer emphasizes importance of liquidity management
Wu's comments have generated widespread discussion within the industry, with some observers noting the flexibility in the company's asset strategy.