Wu Jihan Clarifies Bitdeer Bitcoin Holdings Status After Major Sell-Off

On February 22, Wu Jihan, founder of Bitdeer and a prominent figure in the Bitcoin mining industry, provided an important clarification on platform X regarding the company's asset strategy. This response came after Bitdeer announced it had liquidated Bitcoin on a large scale, including mining results from the past week.

Wu Jihan emphasized that the current decision to sell Bitcoin does not reflect Bitdeer's long-term strategy. With the statement "Currently, holdings are 0, but that doesn't mean it will always be the case in the future," he distinguished between the current holding position and potential reacquisitions in the future. This indicates that the Bitcoin liquidation was a tactical, flexible decision rather than a long-term commitment to exit the largest digital asset.

This clarification is significant in the context of market volatility. Wu Jihan's statement implicitly signals that Bitdeer retains the option to continue engaging with Bitcoin depending on market conditions and operational strategies. As a major player in the Bitcoin mining sector, Bitdeer's stance on holding Bitcoin reflects broader industry sentiment about the value and long-term prospects of leading cryptocurrencies.