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Bitdeer: Mining output of 196 BTC in May, Bitcoin holdings reached 1,351

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2025-06-11 11:44:12
Bitdeer announced the unaudited mining and operations update for May 2025, which revealed that 196 bitcoins were self-mined, an increase of 18.1% from April, and the current bitcoin holdings reached 1,351. In addition, Bitdeer also disclosed that Tether exercised warrants in May 2025, and the company issued 5,186,627 common shares and received $50 million in cash as proceeds. This transaction is related to the private financing that occurred in May 2024.
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