Crypto Miner Bitdeer increases Bitcoin’s holdings by 75 %

Cryptocurrency Miner Bitdeer Technologies (BTDR) has increased from Bitcoin (BTC) by 75 % in the past two months.

The company, which is based in Singapore, stated that bitcoin possesses increased to 1039 symbols at the end of February this year, an increase of 75 % of 594 in December 2024.

The increase in its holdings makes Bitdeer one of the best mines in Bitcoin in the world, although it tracks the largest holders: Mara Holdings (MARA) with 46374 BTC and riots (RIOT) with 18,692 digital pieces.

Bitdeer focuses on the development of fine chips and treatments to help bitcoin mining. The company says that the new A3 mine chip has made great energy efficiency in modern tests.

Bitcoin Holdings and Miner A3 papers were reported alongside Bitdeer’s latest financial results.

Crypto Miner has announced a net loss of $ 531.9 million for the fourth quarter of last year, which was attributed to the investments it has in developing new mining platforms for encryption.

Bitdeer said it produced 110 Bitcoin of mining operations in February this year, a decrease of 126 BTC in January. The decrease in production due to February was a shorter month.

Bitdeer has increased by 59 % over the past 12 months to circulate it at $ 10.71 per share.