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Jihan Wu's mining company Bitdeer announced the sale of all the coins mined and held for the week—approximately 943.1 BTC (~$64 million).
As of February 20, the company's balance sheet contained no Bitcoin other than customer deposits.
In recent weeks, Bitdeer has been actively selling Bitcoin, but in much smaller quantities. Typically, the miner only sold mined coins.
At the end of last month, the company's hashrate reached 63.2 EH/s. Bitdeer surpassed the previous leader, MARA Holdings, taking first place among public miners.
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