Feb 18, 2026 2:54 PM

Despite the common narrative that Bitcoin miners are unwavering HODLers, Bitdeer, the new leader in self-mining hash rate, significantly reduced its BTC holdings in January, selling off nearly 500 coins. This pragmatic capital management suggests even top miners prioritize short-term profits over unwavering belief in future price appreciation. Is the "HODL" ethos truly dead for major players in the mining industry?
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