Publicly listed Bitcoin mining companies have sold over 15,000 Bitcoins since last year.

ZkProver · 2026-03-06T04:03:30+00:00

Since last year, several publicly listed Bitcoin mining companies have sold over 15,000 Bitcoins, mainly due to reduced profits and debt pressures. Companies like Cango and Bitdeer participated in the sell-off, while MARA Holdings attracted market attention with its flexible strategy.

ZkProver

2026-03-06 04:03:30

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ChainCatcher reports that, according to Cointelegraph, publicly listed Bitcoin mining companies have sold over 15,000 Bitcoins since last year.

The Mining Weekly newsletter from The Energy Mag pointed out that several major mining companies are the main participants in this sell-off, including Cango, which sold about 60% of its holdings—4,451 Bitcoins—in February; Bitdeer, which liquidated all of its Bitcoin inventory in January; Riot Platforms, which made multiple sales in December; and Core Scientific, which plans to sell approximately 2,500 Bitcoins in the first quarter.

The largest publicly listed miner, MARA Holdings, stated in its latest regulatory filing that it may buy and sell Bitcoin to maintain flexibility and options. This statement has attracted market attention, with the company’s vice president clarifying that the filing allows for flexible sales but does not mean liquidating most of its holdings. MARA currently holds over 53,000 Bitcoins, making it the second-largest Bitcoin holder among listed companies after Strategy. Analysts believe that as profit margins narrow and debt pressures increase, mining companies are being forced to reassess their previously common holding strategies. Previously, Bloomberg reported that the AI boom has prompted Bitcoin miners with combined holdings exceeding $8 billion to transform, raising concerns about market sell-offs.

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