Listed mining companies sold over 32,000 BTC in the first quarter of this year. It is said to be the highest record for a single quarter.



The reason why mining companies are engaging in such large-scale selling is interesting; it seems they are readjusting their business strategies as mining costs continue to rise. They are reportedly shifting their funds toward artificial intelligence infrastructure rather than Bitcoin mining.

Ultimately, it appears that mining companies are diversifying their portfolios to withstand profitability pressures. The situation reflects that relying solely on mining is becoming difficult to sustain.
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