Bitdeer’s self-mined BTC output decreased by 3% in December 2024, as production fell from 150 BTC to 145 BTC compared to November. In spite of this decline, Bitdeer completed repayment of a 10 million USD principal balance on its senior secured notes.

During December, Bitdeer saw its total hash rate increase from 20.7 EH/s to 21.6 EH/s, although the number of mining machines reduced slightly. Additionally, the company’s BTC holdings experienced significant growth, rising by 1281.4% from 43 BTC in December 2023 to 594 BTC in December 2024.