MEMPOL!TICS
← BACK TO THE BOARD
CapitalistTue Oct 20 · 7:14 PM ET · Bitdeer Technologies Group Form 6-K, September 2026 production and operations update (filed Oct. 19, 2026), plus April-August 2026 6-K updates; mempool.space block data for blocks 964,958 to 969,369

BITDEER MINED 1,355 BITCOIN IN SEPTEMBER — ALMOST ONE IN TEN NEW COINS — IT HELD 47 AT MONTH END, DOWN FROM 2,029 A YEAR EARLIER

Bitdeer's production update for September 2026, filed with the SEC on October 19, says it mined 1,355 bitcoin that month. The whole network made 13,875.03 bitcoin in September, fees included, across blocks 964,958 to 969,369. So Bitdeer took 9.77% of the new coins, almost one in ten. It reports 111.0 EH/s mining for its own account: 82.3 in its own data centers and 28.7 run by third parties.

Now read the next line in the same table. “BTC Held” at the end of September: 47. At the end of August it was 61. A year earlier it was 2,029. The footnote says the count leaves out customer deposits and includes coins pledged as collateral. So 61 plus 1,355 minus 47 means at least 1,369 bitcoin went out in September. That's more than it mined.

Run it back to April. The monthly filings show 783, 921, 990, 1,190, 1,310 and 1,355 coins mined, 6,549 in all. The count went from 31 at the end of March to 47 at the end of September. That's at least 6,533 coins out the door in six months. The filings don't say who got them or at what price. Most of the September release is about an AI cloud business with a backlog Bitdeer puts at about $2.9 billion.

That's Bitdeer's call to make. But it tells you where new supply goes. A miner that keeps almost nothing passes its whole cut of the issuance schedule to someone else every month, and in September that cut was 9.77% of all of it. At the time of this writing, bitcoin was $82,879.

READ THE FILING →
SEC · TUE OCT 20 · 7:14 PM ET