Publicly listed Bitcoin mining companies sold a total of over 32k BTC in Q1 2026, surpassing the total for all of 2025 and setting a new quarterly record, including companies such as MARA, CleanSpark, Riot, Cango, Core Scientific, Bitdeer, and others; data shows that the current hashprice is about $33 /PH/s/day, below the breakeven level of approximately $35, about 20% of mining companies are in the loss zone, and the sell-off by mining companies is mainly driven by increased hash rate, reduced block rewards, and macroeconomic factors, while the total BTC holdings of mining companies have decreased from about 1.86 million to approximately 1.80 million since 2023. (Cointelegraph)