BroadChain has learned from a Cointelegraph report dated April 17 that publicly listed Bitcoin mining companies collectively sold more than 32,000 BTC in Q1 2026. This figure surpasses their total sales for the entire year of 2025 and marks a new quarterly record.
Data from TheMinerMag indicates that the companies involved include MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer.
The report notes that the current hash price for miners is approximately $33 per PH/s per day, which falls below the breakeven point of around $35 per PH/s for some mining operations.
Furthermore, CryptoQuant data shows that Bitcoin miners' reserves have decreased from over 1.86 million BTC in 2023 to roughly 1.8 million BTC.