What to know:
- Bitdeer, in a fit of optimism, bought 50 BTC at a staggering average price of $81,475. Talk about a leap of faith!
- As the largest cryptocurrency prepares for a month that could rival the Great Depression, Bitdeer decided to add to its bitcoin treasury. Who needs a rainy day fund when you have crypto, right?
- Bitdeer shares took a little tumble, falling 0.64% at the start of trading on this fine Friday. Maybe they should have bought some umbrellas instead?
In a bold move reminiscent of a gambler at a poker table, Bitdeer Technologies (BTDR) announced it snagged 50 bitcoin (BTC). They must have thought, “Why not build our stash while the price is on a downward spiral?”
In a tweet that surely made their followers chuckle, the bitcoin mining company revealed they paid an average of $81,475 per bitcoin. That’s one expensive shopping spree!
This latest purchase brings Bitdeer’s total bitcoin treasury to a whopping 855 BTC, valued at around $69 million. According to the wise folks at Bitcoin Treasuries, that’s a lot of digital gold!
However, the company’s shares fell 0.64% at the open, dipping just below $11. It seems bitcoin and the broader crypto market decided to take a little nap, dropping 4% over the last 24 hours. But wait! The crypto market woke up just in time for U.S. trading hours, pushing BTC above $82,000. Talk about a rollercoaster ride! 🎢
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2025-02-28 18:10