Bitcoin miners shift treasury BTC into AI as MPI hits 2024 lows on March 29, 2026

On March 29, 2026, the report says publicly listed Bitcoin miners have sold more than 15,000 BTC from corporate treasuries in recent months as they redirect capital into AI data centers, while network hashrate fell from about 1,160 to 920 EH/s. Despite those one-off liquidations, CryptoQuant's Miners Position Index (30-day MA) is described as back near 2024 lows, suggesting reduced near-term exchange outflows. CoinShares estimates average cash cost to mine 1 BTC at roughly $79,995 in Q4 2025, with BTC trading around $67,000–$70,000 during the period discussed.