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Bitdeer Invests $4 Million to Buy 50 More BTC, Holdings Reach 1,011 BTC

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Singapore-based mining firm Bitdeer has acquired 50 BTC for $4 million at an average price of $81,475, according to a Feb. 28 X post. This brings the company’s total bitcoin holdings to 1,011 BTC. Over the past six days, Bitdeer has purchased 150 BTC with earlier purchases of 50 BTC each on Feb. 23 and Feb. 25. This further reinforces its commitment to bitcoin accumulation. Bitdeer is among many firms that keep BTC on its balance sheet with companies like Strategy (formerly Microstrategy), MARA (formerly Marathon Digital Holdings), Riot Platforms, Hut 8 Mining, Cleanspark, Tesla, Coinbase Global, Metaplanet, and Genius Group.

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Bitdeer Invests $4 Million to Buy 50 More BTC, Holdings Reach 1,011 BTC
Bitdeer Invests $4 Million to Buy 50 More BTC, Holdings Reach 1,011 BTC
Source: Bitdeer on X
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