Bitdeer Sells All Bitcoin Holdings to Focus on AI Data Centers Expansion

Bitdeer Sells All Bitcoin Holdings to Pivot to AI Data Centers

Bitdeer, a prominent Bitcoin mining company based in Singapore, has completely liquidated its Bitcoin holdings, reducing its treasury to zero as of February 20, 2026. This strategic move is aimed at generating liquidity for the acquisition of powered land to expand into AI data centers, marking a significant shift from the traditional mining strategy of hoarding Bitcoin as a treasury asset. The company reported a production of 189.8 Bitcoin, all of which was sold, indicating a complete departure from the norm of retaining mined coins.

In a recent update, Bitdeer emphasized that this decision should not alarm the market, as it is part of a broader strategy to enhance its hash rate and infrastructure while continuing to mine Bitcoin for its shareholders. The company has also raised $325 million through convertible bonds and an additional $43.5 million in equity to finance this transition. This pivot reflects a growing trend among miners to focus on AI and high-performance computing (HPC) rather than traditional Bitcoin mining.

"The decision to sell Bitcoin is part of a strategy to prepare liquidity for land acquisitions while increasing hash rate and continuing to mine Bitcoin for shareholders," Bitdeer stated.

Key Takeaways:

• Bitdeer has sold all its Bitcoin holdings, reducing its treasury to zero.
• The company is pivoting towards AI data centers, raising significant capital for expansion.

Bitcoin Mining Difficulty Reaches All-Time High

The Bitcoin mining difficulty has surged to an all-time high of 144 trillion, following a 14.7% increase. This rise in difficulty is expected to escalate production costs for miners, further complicating the already challenging landscape of Bitcoin mining. As the difficulty increases, miners face greater operational hurdles, which could impact profitability across the sector.

With the mining difficulty at unprecedented levels, miners are now confronted with the reality that the costs associated with mining may outweigh the potential rewards. This situation is exacerbated by the recent trend of miners selling off their Bitcoin holdings, which could lead to increased market volatility.

Key Takeaways:

• Bitcoin mining difficulty has reached an all-time high of 144 trillion.
• Increased difficulty may lead to higher production costs for miners.

Pi Network: Innovative Smartphone Mining or Pyramid Scheme?

Pi Network, launched in March 2019, has attracted over 70 million users with its promise of mining cryptocurrency via a smartphone app without the need for expensive hardware. However, the reality is stark, as the value of the PI token has plummeted by approximately 93% since its peak of $2.99 in February 2025, now trading between $0.15 and $0.26. The project's market capitalization is estimated to be between $1.6 and $1.7 billion, but it has faced significant criticism, including being labeled a pyramid scheme by Chinese authorities.

The technical foundation of Pi Network relies on a variant of the Stellar Consensus Protocol, utilizing "Security Circles" for transaction validation. Despite its innovative approach, the project has been criticized for its centralization and lack of transparency, with many analysts questioning its legitimacy and sustainability.

"A gray area - accessible, fascinating, and experimental, but laden with red flags," stated OKX Research regarding Pi Network.

Key Takeaways:

• Pi Network has over 70 million registered users but has seen a significant drop in token value.
• The project has been criticized for its centralization and has been labeled a pyramid scheme by authorities.

Sources:

• Größter Bitcoin-Miner verkauft alles – was daraus folgt
• Pi Network: innovatives Smartphone-Mining oder Pyramidensystem?
• Bitdeer hat alle seine Bitcoin (BTC) verkauft, um den Übergang in AI-Datenzentren zu finanzieren
• Bitcoin Mining Schwierigkeit erreicht Allzeithoch von 144T
• Top Krypto Presale: Bitcoin Mining erreicht