Bitdeer: May Mining Output Reaches 196 BTC, Bitcoin Holdings Amount to 1,351 BTC

According to BlockBeats, on June 11, Bitdeer released its unaudited mining and operational update report for May 2025, revealing that the company mined 196 Bitcoins, marking an 18.1% increase compared to April. Currently, the company's Bitcoin holdings amount to 1,351 BTC.

Additionally, 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.