Bitcoin mined in May 2024 declined by 35.7% compared to May 2023 and by 30.6% compared to April 2024, primarily as a result of the impacts of the Bitcoin "halving" event that occurred in April 2024. Currently, the Company promptly converts the cryptocurrencies it obtains into fiat currency.
Reported Earlier, Bitdeer Announces May 2024 Operations Updates; Bitcoin Mined In May 2024 Declined By 35.7% Compared To May 2023
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