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Bitdeer Technologies has liquidated its entire Bitcoin treasury, reporting zero BTC in its corporate holdings. The company mined 189.8 BTC recently, all of which were sold, in addition to liquidating 943.1 BTC from its treasury.

This marks a significant shift from previous holdings. Bitdeer's shares fell following the announcement of a $300 million convertible debt offering aimed at supporting data center expansion and AI cloud growth. The broader mining industry is also shifting towards AI and hybrid models for revenue diversification.