Feb 20, Bitdeer's BTC holdings fell to 0, with 189.8 BTC mined and 189.8 BTC sold, resulting in a net outflow of 943.1 BTC for the week.
🔥 $SOL holding strong after the pullback.
Price is stabilizing near support and buyers are showing interest.
📊 MACD momentum is improving and a breakout above key resistance could bring fresh bullish energy.
🐂 Bulls are waiting for confirmation…
The next move could be explosive. 🚀
#China issues RWA regulatory framework
#Crypto liquidations trigger BTC drop
#Bitdeer BTC holdings drop to zero
#Solana founder criticizes LayerZero
In 2017, Wu Jihan went all-in, liquidating tens of thousands of bitcoins—personal and corporate holdings—between $3,800 and $4,000, betting everything on BCH and boldly declaring that BCH would overthrow BTC as the king of cryptocurrencies. The outcome was disastrous: BCH collapsed completely, internal factional wars erupted, Bitmain was pushed to the brink, Wu himself was forced out, and he became the biggest laughingstock in the crypto world. In February 2026, Bitdeer repeated the madness: Wu Jihan wiped out all company-held BTC—selling 943.1 reserved coins plus 189.8 newly mined coins this week—at a peak price of $68,000. On X, he stubbornly defended himself: “Current holdings at zero doesn’t mean it will stay that way.” The result? History repeated itself—faith shattered again, ridiculed globally for exiting at the top, veteran traders cried “same old habits,” the mining industry shook, and market panic triggered a sell-off.
On-chain data reveals Bitdeer's $BTC treasury has been fully liquidated—a significant shift in miner behavior. The crypto market shows broad pressure: $DOGE -3.71%, $ETH -1.48%, $XRP -3.51%. Watch this closely... ⚡
Bitdeer's $BTC treasury hits zero as miner sells 943 $BTC. Yet, $XRP (−2.37%), $ADA (−3.01%), & $DOGE (−3.41%) show relative resilience. 📢
Bitcoin miner Bitdeer sold 943 BTC from reserves along with newly mined coins, reducing its corporate Bitcoin holdings to zero. #Bitcoin #CryptoMining
Strategi mengejutkan diambil oleh raksasa tambang milik Jihan Wu, Bitdeer Technologies Group. Melawan arus tren HODL industri, Bitdeer resmi mengumumkan likuidasi seluruh cadangan Bitcoin mereka hingga menyentuh angka nol. Keputusan berani ini bukan tanpa alasan. Dana hasil penjualan tersebut dialokasikan untuk memacu ekspansi besar-besaran yang membuahkan hasil instan: Bitdeer kini resmi melampaui MARA Holdings sebagai perusahaan publik dengan self-managed hashrate terbesar di dunia, mencapai rekor 63,2 EH/s.
Bitdeer just dumped their entire 943 BTC treasury - going from HODL to zero holdings overnight 📉 While they're hitting record hashrates and expanding into AI, this move breaks from traditional miner strategy. Are we seeing a shift in how mining companies view BTC as treasury assets? The infrastructure play might make sense, but completely exiting BTC feels bold for a Bitcoin miner. #Bitcoin #Mining #Crypto
JUST IN: Bitdeer has liquidated their entire Bitcoin bag
Latest news: Wu Jihan has liquidated all of his #BTC. His company, Bitdeer, has fully liquidated its own Bitcoin holdings (excluding client assets), with a position of 0 BTC as of February 20. This week, 189.8 BTC were mined and entirely sold, resulting in a net outflow of 943.1 BTC. The bear market is biting hard...
