Bitcoin Mining Companies Start Capitulating as BTC Remains Below $70K
Analysis
Price Impact
HighMajor bitcoin mining companies liquidating reserves and changing long-term holding strategies indicate significant selling pressure. this could signal a lack of confidence in near-term price appreciation or a need for operational capital, both of which are bearish indicators for bitcoin's price.
Trustworthiness
HighThe information comes from publicly traded companies (core scientific, mara holdings) filing with the sec and data from bitcointreasuries.net. this is factual reporting on corporate actions and treasury holdings, making it highly reliable.
Price Direction
BearishThe capitulation and selling of large btc reserves by major miners suggest an immediate increase in supply on the market and a potential lack of conviction from significant industry players. this can lead to downward price pressure.
Time Effect
ShortMiner capitulation and treasury sell-offs are events that directly impact the market in the short term as the btc is put up for sale.
Original Article:
Article Content:
Cover image via U.Today Some of the largest Bitcoin miners in the world are liquidating their treasuries and rewriting their corporate strategies to allow for massive balance sheet sell-offs. Advertisement Two major industry players (Core Scientific and MARA Holdings) are navigating this wave of miner capitulation. Publicly traded mining giant Core Scientific has executed a massive liquidation of its Bitcoin reserves. HOT Stories XRP Vampirized by Leverage-Driven Pump; Bitcoin Extends 18% Gains vs. Silver; Binance Lists 5 Major Pairs, Litecoin and Zcash Too: Morning Crypto Report 'Seems Important': Ripple CTO Emeritus Reacts to DTCC News According to recent data from BitcoinTreasuries.NET, the company dumped 1,924 BTC onto the market. Advertisement Core Scientific now holds a relatively meager 613 BTC in its treasury. It has now dropped to 59th spot on the global corporate Bitcoin ranking. Abandoning 'HODLing' Even the largest public Bitcoin miner in the world is capitulating on its long-term holding strategy. MARA Holdings (formerly Marathon Digital) has officially opened the door to selling its stockpiled Bitcoin, according to a Form 10-K filed with the SEC on Monday, March 2. Historically, MARA has been staunchly committed to holding its mined Bitcoin as a long-term investment. Advertisement You Might Also Like Mon, 03/02/2026 - 14:34 Bitcoin Two-Year Holders Fall into Extreme Losses as Price Eyes Major Reset By Caroline Amosun The firm adjusted its strategy in the second half of 2025 to permit the sale of newly generated Bitcoin from its daily operations to cover costs. The new 2026 policy goes significantly further. "In 2026, we expanded the strategy to allow for sales of bitcoin held on our balance sheet," MARA wrote in the SEC filing. "Accordingly, we may hold bitcoin for long-term investment purposes and may also buy or sell bitcoin from time to time, subject to market conditions and our capital allocation priorities." The decision is massive given the sheer size of MARA's holdings. As of December 31, 2025, the company held an industry-leading 53,822 BTC, valued at approximately $4.7 billion. #Bitcoin Price Prediction