Bitdeer Technologies Group announced a significant increase in its Bitcoin reserves, reaching 1,445.8 BTC. This growth reflects the company's steady development.
Increase in Bitcoin Reserves
Bitdeer reported a boost in Bitcoin holdings from 1,351 BTC in May to over 1,445 BTC in June 2025. The surge is attributed to the energization of SEALMINERs, which enhanced their self-mined Bitcoin production by 18.1% in May.
Investment and Expansion
The expansion of Bitdeer's operations was also facilitated by a recent $50 million investment from Tether. Jihan Wu, the founder and chairman of Bitdeer, plays a key role in this growth.
Market Impact and Regulatory Concerns
The additional 94 BTC mined since May signify Bitdeer's significant impact on the market, strengthening its position in the crypto mining industry. However, regulatory impacts appear minimal at this stage.
The increased Bitcoin holdings underscore Bitdeer's growing influence as a major player in the cryptocurrency mining sector, driven by new technologies and investments.