Bitdeer Sells Entire Bitcoin Holdings, Shifts Fully to AI Data Centers and HPC

Singapore-based Bitdeer Technologies Group (Nasdaq: BTDR) built its business around Bitcoin mining but has expanded its existing power and data-center assets into AI, high-performance computing and cloud services in recent years. AI data centers require substantial investment in GPUs and facility upgrades. Liquidating its Bitcoin treasury can provide construction funding and signals that the company is reallocating capital toward AI infrastructure.

Bitdeer disclosed on February 20, 2026, that its corporate Bitcoin holdings had fallen to zero. During the week, it mined and sold 189.8 BTC and disposed of another 943.1 BTC from its reserves. The company also priced $325 million of convertible senior notes and a $43.5 million equity financing to fund data centers, HPC, AI cloud services and ASIC research and development.