Public Bitcoin Miners Sell 32K BTC in Q1, Surpassing Full-Year 2025 Total
Publicly listed Bitcoin miners sold over 32k BTC in Q1 2026, surpassing total sales for all of 2025 and setting a new quarterly record, including companies such as MARA, CleanSpark, Riot, Cango, Core Scientific and Bitdeer; hashprice stands at around $33/PH/s/day, below the ~$35 breakeven level, with about 20% of miners operating at a loss, while total BTC holdings of miners declined from about 1.86 million in 2023 to around 1.8 million, amid rising hashrate, reduced block rewards and macroeconomic pressure.
BTC
78,220.12
+0.96%