14 PUBLIC FIRMS SOLD 108,247 BTC IN 2026: FOUR DIFFERENT STORIES ⛏️💸
Lookonchain data shows 14 public firms sold 108,247 $BTC ($8.08B) to Nov 10, 2026 across four distinct strategies 📊
📅 After April 2024 halving cut rewards to 3.125 BTC, miners added about 17,593 BTC net in 2024 and kept 2025 net sales under 32,000 BTC. In Q1 2026, sales topped 32,000 BTC as AI buildout costs and debt rose. 🔥
✅ American Bitcoin ($42.1K cost), Canaan (about $50K direct), and BitFuFu stayed Bitcoin-only and avoided Lookonchain's 2026 seller list. 🪙
⚡ Eight miners led by MARA, Riot, CleanSpark, and Bitdeer mix mining with AI. Direct costs run $36.4K to $73.3K, yet machine wear lifts full costs to $89K through $164K, so selling $BTC near $74.3K pays debt and funds AI rent. 🤖
🛑 Core Scientific, IREN, and Keel are exiting mining for AI, while non-miners Empery, Sequans, and KULR sold $97K to $117.6K 2025 buys below cost. 🏦
If you mine $BTC, would you hold or sell to cover expenses? 👇
#Bitcoin #BTC #CryptoMining #AI
Lookonchain data shows 14 public firms sold 108,247 $BTC ($8.08B) to Nov 10, 2026 across four distinct strategies 📊
📅 After April 2024 halving cut rewards to 3.125 BTC, miners added about 17,593 BTC net in 2024 and kept 2025 net sales under 32,000 BTC. In Q1 2026, sales topped 32,000 BTC as AI buildout costs and debt rose. 🔥
✅ American Bitcoin ($42.1K cost), Canaan (about $50K direct), and BitFuFu stayed Bitcoin-only and avoided Lookonchain's 2026 seller list. 🪙
⚡ Eight miners led by MARA, Riot, CleanSpark, and Bitdeer mix mining with AI. Direct costs run $36.4K to $73.3K, yet machine wear lifts full costs to $89K through $164K, so selling $BTC near $74.3K pays debt and funds AI rent. 🤖
🛑 Core Scientific, IREN, and Keel are exiting mining for AI, while non-miners Empery, Sequans, and KULR sold $97K to $117.6K 2025 buys below cost. 🏦
If you mine $BTC, would you hold or sell to cover expenses? 👇
#Bitcoin #BTC #CryptoMining #AI
