⛏️ Miners are not holding coins? Bitdeer mines as much as they sell, Bitcoin holdings remain at 0!

Latest data shows that the Nasdaq-listed mining company Bitdeer announced its Bitcoin operational status for the week ending April 10:
📊 Core Data
Mining output this week: 165 BTC
Sold during the same period: 165 BTC
Net new holdings: 0 BTC
In other words, they mine as much as they sell, and the company still maintains a zero Bitcoin holding.
Many people ask: Why don’t miners hold coins?
Actually, the logic is quite simple 👇
💡 Possible reasons:
1️⃣ Mining costs (electricity, equipment, maintenance) require continuous cash flow
2️⃣ The company chooses a more stable financial strategy to avoid risks from price fluctuations
3️⃣ In the capital market, some mining companies prefer “cash flow first”
📊 What does this mean for the crypto market?
The positive side:
✅ Continuous selling by miners indicates market liquidity is still healthy
✅ Industry companies are starting to operate more rationally instead of blindly hoarding coins
The side to watch:
⚠️ Miner selling can create some market selling pressure
⚠️ If multiple mining companies increase their sell-offs simultaneously, it may temporarily impact price sentiment
💡 My core view:
Miners are actually the most genuine participants in the market —
They are both Bitcoin producers and the most direct sellers.
🌱 A piece of investment insight for everyone:
The market never lacks stories, but what truly influences prices are capital and supply-demand.
When miners start selling coins, it means they are ensuring their survival;
And when miners start hoarding coins, it often indicates they see a bigger trend. 📈#Gate上线Pre-IPOs #美伊停火协议谈判再生变故 #Gate广场四月发帖挑战 #易理华成立AI基金OpenXLabs $BAS