Bitdeer Mining Insights

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Bitcoin miner Bit Digital is accelerating its diversification strategy with a $53.2 million acquisition of an industrial facility in Madison, North Carolina. The deal, executed through its Canadian subsidiary Enovum Data Centers, reflects the company’s deepening investment in artificial intelligence and high-performance computing (HPC). A $2.25 million deposit has been made, including $1.2 million non-refundable, with the transaction set to close on May 15.

According to TheMinerMag, 15 publicly listed Bitcoin mining firms sold over 40% of their mined BTC in March—the highest monthly sell-off since October 2024. This shift marks a departure from the post-halving accumulation trend as companies face rising operational costs and economic uncertainty. The liquidation aims to cover shortfalls but may increase selling pressure on Bitcoin, which saw a 2.3% decline in March following a 17.39% dip in February.

CleanSpark announced it will begin selling a portion of its mined Bitcoin each month to support a self-funding model. In parallel, the U.S.-based Bitcoin miner has secured a $200 million credit facility from Coinbase Prime. CEO Zach Bradford said the company has reached "escape velocity," enabling it to self-fund operations and growth through Bitcoin sales and cash flow. CleanSpark also launched an institutional trading desk to manage its crypto transactions.

Bitdeer Technologies Group reported key achievements for March 2025. Chief Business Officer Matt Kong stated that the company completed mass production of 3.8 EH/s of SEALMINER A1 rigs, energizing 2.8 EH/s and raising self-mining hashrate to 11.5 EH/s by month-end, with the remainder to come online in April. Bitdeer also launched the SEALMINER A2 Pro, offering 14.9 J/TH efficiency, and received regulatory approval for Phases 1 and 2 of its Tydal, Norway site. The company aims to energize over 600 MW of power capacity in the coming months, including its Bhutan site.

Bitdeer AI, the artificial intelligence cloud service division of Bitdeer, has been awarded the 2025 “Artificial Intelligence Excellence Award” by the Business Intelligence Group and named an “Outstanding Organization in Internet and Technology.” This award recognizes Bitdeer AI’s significant contributions in applying AI technologies to enhance efficiency across multiple industries.