Bitdeer sells all bitcoin to fund AI data center expansion

coindesk.com

Bitdeer sold all its Bitcoin holdings to fund its expansion into AI data centers. The company now has zero Bitcoin reserves, a significant shift from its previous strategy of holding the cryptocurrency. This move aims to generate liquidity for its growing AI infrastructure business. Bitdeer is accelerating its AI push, converting mining sites to AI data centers and acquiring new facilities, a trend also seen among other Bitcoin mining companies.


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