145 BTC Mined and $10 Million Debt Repaid

According to a recent report from COINOTAG News dated January 9th, the *Nasdaq-listed* firm Bitdeer has disclosed its latest *unaudited mining performance* for December 2024. The company successfully mined a total of 145 BTC through its own operations, representing a modest decline from November’s output of 150 BTC. This update highlights the ongoing challenges in the *cryptocurrency mining landscape*, where fluctuations in output can impact overall profitability. In a notable financial maneuver, Bitdeer has also confirmed the full repayment of its outstanding senior secured promissory notes, totaling $10 million, which were associated with the acquisition of TROLL HOUSING AS and TYDAL DATA CENTER AS. This strategic financial decision not only strengthens the company’s balance sheet but also positions Bitdeer for enhanced operational agility in upcoming ventures.

Source: https://en.coinotag.com/breakingnews/bitdeer-reports-december-2024-mining-update-145-btc-mined-and-10-million-debt-repaid/

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