206 Bitcoin left the wallets of Bitdeer during the week ending May 29, leaving the company with a balance of zero. For fourteen straight weeks, the world's largest self-mining operation by hashrate has liquidated every single coin it produced. This zero-Bitcoin treasury policy marks a terminal pivot from digital currency toward the physical hosting of AI infrastructure. Bitdeer’s move stands in stark contrast to MARA Holdings, which holds 53,250 BTC, and Riot Platforms, which is liquidating its own holdings to purchase nuclear-powered data centers. The Great Miner Capitulation is now a physical reality. Mining firms are no longer betting on the price of a token; they are betting on the price of a volt. Bitdeer started the year with 2,000 BTC but has emptied its balance sheet to fund the cooling fans and copper wiring required for the Cognitive Enclosure. This corporate energy secession is accelerating as DigitalBridge acquired 20.8 gigawatts of private power to insulate its AI labs from the failing public grid. While Bitcoin was pitched as a decentralized alternative to state power, the people who mine it are selling it as fast as possible to buy the very electricity the public is struggling to afford. According to market data, Bitdeer is now the largest operation of its kind to hold no crypto-assets. The hum of the server farm has replaced the dream of the digital reserve. This paper's reading of the liquidation shows that the elite are trading their magic internet money for the hard reality of combustion and compute.