Cointelegraph reported that as the business environment for the mining industry deteriorated, publicly listed mining companies sold more Bitcoin in the first quarter of this year than the total volume for the entire year of 2025. According to data, publicly listed Bitcoin mining companies including Marathon Digital Holdings (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Canaan (CANG), Core Scientific (CORZ), and Bitdeer (BTDR) sold a total of over 32,000 Bitcoins in the first quarter of this year. This is the largest volume for a single quarter, surpassing the previous record of over 20,000 BTC in Q2 2022, which was triggered by the cryptocurrency bear market following the TerraUSD (UST) and Luna (LUNA) collapse.
