Public Bitcoin miners sell over 15,000 BTC since October as margins tighten and strategies shift

Since October, publicly listed Bitcoin mining firms have collectively sold more than 15,000 BTC, reflecting growing pressure from shrinking margins and balance-sheet constraints. Large players such as Cango, Bitdeer, Riot Platforms, Core Scientific and MARA Holdings have all adjusted their treasury approaches, with some repaying BTC-backed credit lines and others signaling more flexible buy-and-sell strategies.