coin-img-ETHETH-3.09%coin-img-BTCBTC-3.32%coin-img-OKBOKB+21.70%coin-img-OPNOPN+92.50%coin-img-SOLSOL-2.48%coin-img-TAATAA-35.42%coin-img-XRPXRP-2.26%coin-img-USDCUSDC+0.01%coin-img-ETHETH-3.09%coin-img-BTCBTC-3.32%coin-img-OKBOKB+21.70%coin-img-OPNOPN+92.50%coin-img-SOLSOL-2.48%coin-img-TAATAA-35.42%coin-img-XRPXRP-2.26%coin-img-USDCUSDC+0.01%coin-img-ETHETH-3.09%coin-img-BTCBTC-3.32%coin-img-OKBOKB+21.70%coin-img-OPNOPN+92.50%coin-img-SOLSOL-2.48%coin-img-TAATAA-35.42%coin-img-XRPXRP-2.26%coin-img-USDCUSDC+0.01%coin-img-ETHETH-3.09%coin-img-BTCBTC-3.32%coin-img-OKBOKB+21.70%coin-img-OPNOPN+92.50%coin-img-SOLSOL-2.48%coin-img-TAATAA-35.42%coin-img-XRPXRP-2.26%coin-img-USDCUSDC+0.01%
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Nellius Irene

Public Bitcoin miners sell over 15,000 BTC as margins shrink and debt pressures rise

Publicly listed Bitcoin miners have sold more than 15,000 BTC over the five months following the October 2025 market crash, reversing the HODLing approach they adopted during the 2024–2025 bull run. Facing tighter profit margins, rising energy costs and heavy debt, major firms such as Riot, Marathon, Core Scientific, Cango and Bitdeer are liquidating reserves, pledging over 14,500 BTC as loan collateral and increasingly redirecting investment toward AI infrastructure.
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