Singapore-based mining firm Bitdeer has sold its entire bitcoin treasury and now holds zero BTC as it reallocates capital into AI and high‑performance computing (HPC) infrastructure. ,The move marks a clear break from the traditional miner strategy of stockpiling coins on the balance sheet and signals a focus on growth in data centers and hash rate instead.Bitdeer #BTC Weekly Update🔹 BTC Holdings: 0 (pure holdings, excluding customer deposits)🔹 BTC Output: 189.8 BTC🔹 BTC Sold: 189.8 BTC🔹 Net BTC Added: -943.1 BTC📅 Data as of February 20, 2026.#Bitcoin #BTC #BitcoinHoldings #BitcoinCommunity #BTCMining $BTDR pic.twitter.com/vtvBVEui0Q— Bitdeer (@BitdeerOfficial) February 21, 2026Bitdeer Sells All BTC, Builds LiquidityIn its latest weekly update, the Singapore‑based Bitcoin mining and AI infrastructure company reported BTC holdings of zero as of Feb. 20, excluding customer deposits. The company produced 189.8 BTC during the week and sold the entire amount, resulting in net BTC added of minus 943.1 BTC once reserve sales are included. Bitdeer now uses its bitcoin production as a direct source of liquidity instead of treating it as a long‑term treasury asset.The firm said this decision should not worry the broader market. It explained that it is evaluating several powered land acquisition opportunities and considers it prudent to prepare liquidity in advance while it continues to grow hash rate and mine more bitcoin for shareholders.Operationally, Bitdeer continues to scale. The company mined 668 BTC in January, up 430% year on year. Its self‑mining hash rate reached 63.2 exahash per second, with total proprietary hash rate at 65.1 EH/s.Our decision to sell Bitcoin should not be a concern for the broader market. We are currently evaluating multiple non-binding powered land acquisition opportunities, and we believe it is prudent to prepare liquidity now. Our hash rate will continue to grow, and we will continue…— Bitdeer (@BitdeerOfficial) February 23, 2026Capital‑Intensive AI Push and Sector TrendBitdeer is accelerating its push into AI infrastructure. It is rolling out NVIDIA GB200 NVL72 systems in Malaysia and converting multiple sites in the United States and Europe from crypto mining facilities into AI data centers. This expansion requires large‑scale GPU clusters and significant upgrades to data center power and cooling, which makes it more capital intensive than adding new bitcoin mining rigs.To support this strategy, Bitdeer recently priced a 325 million dollar convertible notes offering and completed a 43.5 million dollar equity raise. The proceeds will fund data center expansion, HPC and AI cloud growth, and ASIC development.Other miners are adopting similar strategies. Riot Platforms has sold 200 million dollars’ worth of bitcoin to fund operations and AI expansion. Bitfarms is shifting away from its “Bitcoin company” positioning and increasing its focus on AI in the U.S. MARA Holdings is expanding into HPC and AI through a planned 64% stake in France‑based Exaion.Bitdeer shares trade around 7.70 dollars in pre‑market, down about 1%. Its zero‑BTC stance contrasts with peers that still hold large treasuries, including MARA, Riot and MicroStrategy, where fully draining reserves remains rare. This article was written by Jared Kirui at www.financemagnates.com.

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