By the end of February, Bitdeer, a publicly traded mining company, increased its Bitcoin reserves to 1,039 BTC, up from 724 BTC the previous month, marking a 43% growth, according to a press release.

During the reporting period, Bitdeer mined 110 BTC independently with a hashrate of 9 EH/s, while its total managed capacity reached 20.9 EH/s.

In early March, the company successfully tested its SEAL03 mining chip, which demonstrated energy efficiency of 9.7 J/TH.

According to the roadmap, mass production of the SEALMINER A3 mining rigs was initially scheduled for Q2 2025, but Bitdeer has now adjusted its plans, moving the launch to the second half of the year.

Meanwhile, production of the SEALMINER A1 (with a total of 3.7 EH/s) is “almost complete”, with the final batch expected to be shipped this month for use in Bitdeer’s own data centers.

The company also plans to finalize production of its SEALMINER A2 rigs (35 EH/s) by October, with 7 EH/s allocated for external clients.

Additionally, Bitdeer is working on the SEAL04 chip, targeting energy efficiency of 5 J/TH, with a release planned for Q3 2025.

The firm’s leadership emphasized its continued diversification into energy infrastructure, with 2.6 GW allocated to AI sector needs.

“Discussions with multiple partners and potential end users are ongoing to select large-scale sites in the U.S. for HPC/AI operations,” the company stated.

In February, the market capitalization of 14 publicly traded U.S. mining firms dropped by 22%, as AI-focused companies faced uncertainty following the DeepSeek launch announcement and concerns about future demand for computing power.