Bitdeer sold 265.5 BTC this week, Bitcoin holdings remain at
Bitdeer posted its weekly Bitcoin update on the X platform, stating that for the week ended October 30, output was 265.5 BTC and all of it was sold, net increase in holdings was 0, and Bitcoin holdings were 0 (excluding customer deposits). PANews and Odaily Planet Daily both reported on October 31, with consistent wording on the key data.
Event timeline
- [10-31 05:28] Bitdeer maintains zero Bitcoin holdings, sold 265.5 BTC this week (PANews)
- [10-31 05:29] Maintains zero Bitcoin holdings, Bitdeer sold 265.5 BTC this week (Odaily Planet Daily)
Background and impact
On October 31, 2026, PANews at 05:28 and Odaily Planet Daily at 05:29 reported successively that Bitdeer's weekly Bitcoin update posted on the X platform showed that, as of October 30, its Bitcoin output for the week was 265.5 coins and had been fully sold, with a net increase in holdings of 0, and its current Bitcoin holdings were 0 (excluding customer deposits). The two sources were consistent in their wording on the four key data points of output, amount sold, net increase in holdings, and holdings, with no numerical discrepancy. The reports were only one minute apart and both pointed to the same company weekly disclosure.
From the timeline perspective, this is a weekly disclosure update on output and disposal: in the week ended October 30, Bitdeer produced 265.5 BTC, then sold all of it, with net increase in holdings of 0 and ending holdings of 0. The company also noted that this holdings figure excludes customer deposits. In other words, the disclosure scope distinguishes the company's own Bitcoin holdings from the customer deposit portion; the material does not explain the reason for the sale, the sale price, the counterparties, or subsequent plans, nor does it disclose the specific size of customer deposits.
As for interpretation of the impact, this set of data first reflects Bitdeer's own output and disposal results for the week: all output sold, net increase in holdings at zero, holdings at zero. It does not constitute a judgment on the supply and demand of the entire Bitcoin market, the direction of prices, or the behavior of other miners, nor does it mean the industry generally adopts the same strategy. Because the material only provides weekly output and holdings scope, it is not possible to infer the company's cash flow, costs, or profitability from it. For readers focused on miners' treasury management, the key information that can be verified is "265.5 coins," "fully sold," "net increase in holdings of 0 coins," and "holdings of 0 (excluding customer deposits)."
It should be noted that the factual scope of this news item is limited to Bitdeer's weekly update. If readers check market quotes through channels such as Huobi HTX app registration and download, Gate.io app registration and download, Bitget app registration and download, Binance app registration and download, or OKX app registration and download, they should still rely on the original disclosure and should not extrapolate a single miner's zero-holdings data into a trend for the entire market.
Frequently asked questions
### What does Bitdeer's zero holdings mean?
According to the disclosure, as of October 30, Bitdeer's output for the week of 265.5 BTC was fully sold, the net increase in holdings was 0, and holdings were 0 (excluding customer deposits). This reflects the company's own weekly holdings result; the material does not explain the reason.
### Is there any conflict between the data from the two sources?
No. PANews and Odaily Planet Daily both reported output of 265.5 coins as of October 30, fully sold, net increase in holdings of 0, and holdings of 0 (excluding customer deposits). The key figures are consistent, and the reports were published at 05:28 and 05:29 on October 31, respectively.
### What points should be watched going forward?
Going forward, attention can be paid to Bitdeer's next weekly Bitcoin update and whether it continues to disclose output, sale volume, and holdings data; the material does not give a specific release time or plan.