TechFlow News, March 6: According to a Cointelegraph report, publicly traded Bitcoin mining companies have sold over 15,000 BTC since October last year—approximately $1.05 billion.
Cango sold 4,451 BTC in February, representing about 60% of its holdings; Bitdeer reportedly liquidated its entire Bitcoin reserve last month; Riot Platforms sold Bitcoin multiple times in December; and Core Scientific plans to sell approximately 2,500 BTC in the first quarter. As the largest publicly traded Bitcoin mining company, MARA Holdings’ updated regulatory filings indicate it may buy and sell Bitcoin to maintain flexibility. The company currently holds over 53,000 BTC, making it the second-largest corporate Bitcoin holder after Strategy.
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