Odaily Planet Daily reports that Bitdeer’s official statement indicates that their decision to sell Bitcoin is to reserve liquidity for multiple non-binding land acquisition opportunities and will not impact the overall market. At the same time, the company stated that hash rate will continue to grow and that they will continue to mine Bitcoin to benefit shareholders. Previously, it was reported that Bitdeer had liquidated its Bitcoin holdings.
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Bitdeer responds to Bitcoin sale plan: Reserving liquidity for land acquisition
Odaily Planet Daily reports that Bitdeer’s official statement indicates that their decision to sell Bitcoin is to reserve liquidity for multiple non-binding land acquisition opportunities and will not impact the overall market. At the same time, the company stated that hash rate will continue to grow and that they will continue to mine Bitcoin to benefit shareholders. Previously, it was reported that Bitdeer had liquidated its Bitcoin holdings.