Some public Bitcoin miners and treasuries have increased the sell-off of their holdings.
Notably, Riot Platforms moved $34.13 million worth of BTC (500 coins) on April 2, likely for sale.
This comes just a few days later MARA sold 15.1K BTC (worth over $1 billion) to reduce debt burden. The sell-off underscored an ongoing liquidation of miners, which has intensified since BTC’s withdrawal in October 2025.
The miner dump has also overtaken the Riot Platform, amid public miners’ increasing diversification into AI and the need to optimize capital operations. At the end of 2025, Riot Platforms had 19,368 BTC. Its holdings dropped to 18,000 BTC in January 2026, suggesting it sold more than 1.3k BTC.
If the latest dump of 500 BTC is confirmed, it would reduce the supply to 17,500, worth more than $1.26 billion.
1% decrease in Bitcoin treasury holdings
But other Bitcoin treasury companies also reduced their exposure. According to Arkham factsthe Ministry of Finance Empery Digital (formerly known as Volcon) sold 1,795,000 BTC ($122.53 million) via Gemini.
This was the last remaining BTC the company held, effectively cutting the entire 4.1K BTC supply.
According to data from Bitcoin Treasuries, total assets of public companies fell from 1.07 million BTC to 1.06 million over the past week. That’s about 10,000 BTC sold in the same period, or a dip of about 1%.
Intriguingly, analysts have done that invoiced the liquidation, especially the sell-off and exit of public mining companies, is equally significant for the remaining smaller and medium-sized miners.
But this could also put pressure on the BTC price. In the last 24 hours BTC suffered a $69,000 price rejection, dropping nearly 3% to $66,000 after the aforementioned +$150 million dump from Riot and Empery Digital.
The Bitcoin Whale Selloff Deepens
That said, BTC treasury sales fell within a broader trend in whale distribution.
According to CryptoQuant, whale cohorts, or large investors holding 1,000 to 10,000 BTC, have become net sellers, underscoring “structural selling pressure” and not a short-term trend.
The one-year change in whale supply has shifted from ~+200,000 BTC at the bull market peak in 2024 to ~ -188,000 BTC today, representing one of the most aggressive distribution cycles for large holders ever.
In other words, continued BTC recovery efforts could be exhausted by selling out whales.
Final summary
- Bitcoin treasury companies sold 10,000 BTC in the past week, led by Empery Digital and Riot Platforms.
- The whale dump has intensified as major investor holdings increased profit-taking from 1,000 to 10,000 BTC and sold 188,000 BTC in early 2026.