Skip to contentHome page Seeking Alpha - Power to InvestorsApr 08, 2026, 3:45 AM ETBitcoin USD (BTC-USD) CryptoMSTR, MTPLF, ASST, GBTC, BTG-USD, BCH-USD, BCHG, OBTC, XBTC, BITO, BTGD, BITWBloFin Research211 FollowersCommentsPublicly listed miners are liquidating their BTC treasuries at an unprecedented pace, selling billions of dollars worth of coins to repay debt and fund a sweeping pivot to AI infrastructure.A growing cohort of DAT companies led by Strategy are collectively stepping in as the dominant corporate buyers during one of Bitcoin's steepest drawdowns.In total, public miners have reduced their BTC holdings by over 15,000 coins from peak levels.Strategy now holds 766,970 BTC, representing 3.8% of Bitcoin's circulating supply, having absorbed more BTC than every other public company has sold combined.Vertigo3d/E+ via Getty ImagesBitcoin's (BTC-USD) market structure in Q1 2026 has split into two opposing forces. On one side, publicly listed miners are liquidating their BTC treasuries at an unprecedented pace, selling billions of dollars worth of coins to repayThis article was written byBloFin Research211 FollowersBloFin Research focuses on crypto research and analysis, dedicated to providing institutional-grade insights into the digital asset market. Our work covers major crypto assets, market trends from a macroeconomic perspective, and industry-wide studies on key developments shaping the digital asset ecosystem.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.