Miners' quarterly sell-off breaks records; even listed companies can't withstand it. It seems some people are really going into AI — the signals from on-chain fundamentals are becoming increasingly clear.

CoinWorld News: Bitcoin miners are selling Bitcoin at a record pace. Hashprice has fallen to a post-halving low, and many older mining machines have begun shutting down. This phenomenon is seen as a typical capitulation. Public miners sold more than 32,000 Bitcoins in the first quarter of 2026, setting a single-quarter record and surpassing the total of all four quarters of 2025. Miners’ sell-offs typically indicate problems in production economics, and the market is watching this closely. As hashprice continues to fall, many miners are facing profitability pressure, and some miners have even started treating Bitcoin as a secondary business, shifting investment to more profitable areas such as artificial intelligence.