For the fourteenth consecutive week, digital miner Bitdeer has dumped its entire cryptographic yield onto the open market. The firm sold all 206 Bitcoin mined during the week ending May 29, adhering to a strict zero-Bitcoin treasury policy.

Holding exactly zero coins on its balance sheet, Bitdeer has abandoned digital hoarding to finance physical computing hardware. This strategy contrasts sharply with competitors like MARA Holdings, which hoards approximately 53,250 Bitcoin, and Riot Platforms, which holds around 18,000.

The liquidation reflects a profound capital realization: the physical energy required to generate algorithmic wealth is now more valuable than the speculative token itself. Bitdeer is utilizing the spot market to aggressively fund its own thermodynamic baseload, cementing itself as the largest self-mining operation by hashrate to entirely reject a digital treasury.