Bitdeer, a publicly listed Bitcoin mining firm, has reportedly sold 385.6 BTC, according to Swan.desk CEO Jacob King. The sale is valued at approximately $34.7 million, based on current Bitcoin prices. While the exact reasons for the sale remain undisclosed, such transactions are not uncommon in the Bitcoin mining industry. Mining companies often sell portions of their mined Bitcoin to cover operational expenses, invest in infrastructure upgrades, or manage debt. The sale's impact on Bitcoin's price is likely minimal, given the cryptocurrency's overall market capitalization and daily trading volume. However, large sales from mining companies are often monitored by investors for insights into the financial health of these firms and potential shifts in the mining landscape. Further details regarding Bitdeer's strategic rationale for this significant sale are awaited. ```