Bitdeer Sells Entire Bitcoin Holdings to Finance Expansion into AI Data Centers

Bitdeer Technologies Group, a leading cryptocurrency mining company, has divested its entire bitcoin (BTC) reserve. The strategic move aims to secure capital for a significant pivot towards the development and operation of artificial intelligence (AI) data centers. This shift underscores the growing convergence of high-performance computing sectors, as blockchain infrastructure firms seek opportunities in the booming AI market. The capital reallocation from digital asset holdings to physical computing infrastructure represents a major strategic realignment for the company, highlighting the competitive demand for specialized data center capacity driven by AI advancements.