Bitdeer Achieves 75% Output Growth, Adds 41.4 BTC to Treasury

Bitdeer Technologies Group, a leading Bitcoin mining company, has set a new record by achieving its highest-ever weekly Bitcoin output. In the week ending July 4, 2025, the company produced 57 BTC, marking a significant milestone in its mining operations. This output included adding 41.4 BTC to its treasury while selling only 15.6 BTC, bringing its total holdings to 1,527.5 BTC, excluding client-related assets. This strategic move highlights Bitdeer's disciplined approach to treasury management and its focus on long-term growth.

Bitdeer's mining output has shown remarkable growth since January 2025, with a 75% increase in production. This surge is attributed to improved mining efficiency and increased operational capacity, allowing the company to navigate market turbulence and fluctuating energy costs effectively. The company's ability to ramp up production despite these challenges underscores its strong fundamentals and strategic planning.

In addition to its production growth, Bitdeer has also adjusted its selling patterns. The company sold a peak of 30.7 BTC in May but has since scaled back sharply, focusing more on accumulation than liquidation. This approach indicates a well-planned treasury management strategy aimed at maximizing long-term gains. Bitdeer's performance is driven by improved technology, resource allocation, and market awareness, positioning it as one of the most disciplined and forward-looking mining outfits globally.

While Bitdeer continues to dominate the global Bitcoin mining landscape, Ethiopia is emerging as a significant player in the industry. The country has leveraged its cheap hydroelectric power to attract foreign miners, generating $55 million from Bitcoin mining over 10 months in 2024. This revenue, primarily paid in USD, has boosted Ethiopia's foreign reserves. The country offers ultra-cheap electricity at about $0.032 per kilowatt-hour, making it an attractive destination for miners from various regions. As a result, Ethiopia now contributes 2.5% of the global Bitcoin hash rate.

Projections indicate that Ethiopia could earn $123 million from mining in 2025, with a $250 million deal with a major data group highlighting its ambition. The mining sector is expected to add $2–$4 billion to the country's GDP, creating jobs in areas like security and maintenance. However, the long-term impact of the sector remains modest compared to its potential. Despite this, Ethiopia's rise in Bitcoin mining underscores the global shift towards leveraging cheap energy sources to boost economic growth and reserves.