Publicly traded BTC miners sold more BTC in Q1 than in all of 2025

Publicly traded Bitcoin miners sold more BTC in the first quarter of this year than in all of 2025 amid a worsening business environment for the industry, Cointelegraph reported. Data shows that miners including MARA Holdings (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cango (CANG), Core Scientific (CORZ), and Bitdeer (BTDR) sold a combined total of more than 32,000 BTC in the first quarter. This marks the highest volume for a single quarter, surpassing the previous record of over 20,000 BTC set in the second quarter of 2022 during the crypto bear market triggered by the collapse of TerraUSD (UST) and Luna (LUNA).