According to Cointelegraph, listed Bitcoin mining companies sold over 32,000 BTC in total during the first quarter of 2026, surpassing the entire year's total sell-off in 2025 and setting a new quarterly record. Data from TheMinerMag indicates that the companies involved include MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer. The report also notes that the current miner hash price is approximately $33 per PH/s daily, below the break-even point of around $35 for some mining firms. Additionally, according to CryptoQuant data, Bitcoin miner reserves have declined from over 1.86 million BTC to approximately 1.8 million BTC since 2023.
Listed Bitcoin miners sold over 32,000 BTC in Q1 2026, surpassing the total for 2025.
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Summary
Listed Bitcoin miners sold over 32,000 BTC in Q1 2026, exceeding the full-year 2025 total and setting a new quarterly record, according to TheMinerMag. Companies such as MARA, CleanSpark, Riot, and Bitdeer contributed to the surge. BTC prices remain under pressure, with miner hash price at $33 per PH/s per day, below break-even levels for some operators. BTC dominance has also shifted, as miner reserves declined to 1.8 million BTC from over 1.86 million in 2023, per CryptoQuant.
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