Bitdeer Boosts Bitcoin Mining Output 18.1% in May 2025

Bitdeer, a leading cryptocurrency mining company, reported a notable increase in its mining output for May 2025. The company mined 196 Bitcoins, representing an 18.1% rise from the previous month of April. This surge in output is attributed to the energization of SEALMINERs, which resulted in a higher average self-mining hashrate of 13.6 EH/s. This development highlights Bitdeer's dedication to expanding its mining capabilities and optimizing its operations to meet the growing demand for Bitcoin.

In addition to its impressive mining output, Bitdeer has also bolstered its Bitcoin holdings. As of May 2025, the company's total Bitcoin holdings amount to 1,351 BTC. This substantial reserve not only reflects the company's financial strength but also its strategic approach to managing its cryptocurrency assets. By maintaining a robust Bitcoin reserve, Bitdeer is well-positioned to navigate the volatile cryptocurrency market and capitalize on future opportunities.

Furthermore, Bitdeer disclosed that Tether exercised its warrants in May 2025, leading the company to issue 5,186,627 common shares and secure $50 million in cash proceeds. This transaction is related to the private equity financing that took place in May 2024. This financial maneuver underscores Bitdeer's ability to attract significant investment and strengthen its financial position, further supporting its growth and expansion in the cryptocurrency mining industry.

The increase in mining output and Bitcoin holdings is a testament to Bitdeer's operational efficiency and strategic planning. The company's ability to scale its mining operations and maintain a strong Bitcoin reserve demonstrates its commitment to long-term growth and sustainability in the cryptocurrency industry. As the demand for Bitcoin continues to rise, Bitdeer's enhanced mining capabilities and substantial Bitcoin holdings position it as a key player in the market.