Marathon Digital Sells 15,133 Bitcoin in Q1, Nets $1.1 Billion
Marathon Digital sold 15,133 BTC in Q1 2026, generating approximately $1.1 billion in proceeds. The liquidation underscores mounting pressure on public miners, coinciding with peers dumping holdings as demand shifts.
1. Marathon Sells 15,133 BTC for $1.1 Billion
Marathon Digital executed a sale of 15,133 BTC during Q1 2026, generating roughly $1.1 billion in net proceeds. The divestment highlights a strategic shift as the miner adjusts its balance sheet in response to market conditions.
2. Broader Mining Sector Liquidations and Accumulation
Other public miners also reduced Bitcoin reserves in Q1, with Riot Platforms selling 3,778 BTC and Nakamoto Holdings offloading 284 BTC, while Genius Group liquidated its entire 84.15 BTC treasury. Conversely, institutional buyers like MicroStrategy and Tokyo-listed Metaplanet acquired 44,377 and 5,075 BTC respectively, emphasizing a bifurcated market.