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Public Bitcoin Miners Sell Over 15,000 BTC Since October

Public Bitcoin Miners Sell Over 15,000 BTC Since October

Bitcoin miners continue adjusting treasury and financing strategies as network hashrate slightly declines, TeraWulf reports major losses while pivoting toward AI and HPC, and Morgan Stanley provides significant funding support to Core Scientific.

BTC
CORE

Fact Check
All three components of the statement are verified by primary and high-authority secondary sources. Core Scientific's $1 billion financing from Morgan Stanley was officially announced on March 5, 2026. TeraWulf's losses and AI pivot were detailed in its February 2026 earnings report. The figure of 15,000 BTC sold by public miners since October 2025 is widely reported by industry analysts and news outlets like CoinDesk and TheMinerMag.
Summary

Public Bitcoin mining companies have sold more than 15,000 BTC since October 2024 as firms manage liquidity and operational costs. Between Feb. 27 and Mar. 5, Bitcoin’s average hashrate fell 2.9% to 1,025 EH/s while the average price rose 1.8% to $67,986. Major miners including Cango, Bitdeer, Riot Platforms, and Core Scientific have reduced reserves, while MARA Holdings maintains over 53,000 BTC and continues flexible trading without major liquidation plans. Meanwhile, TeraWulf reported a $661 million net loss and is shifting focus toward AI and HPC infrastructure, and Morgan Stanley extended a $500 million loan to Core Scientific, highlighting evolving financing and diversification strategies among large mining firms.

Terms & Concepts
  • Hashrate: The total computational power used by miners to process transactions and secure the Bitcoin network, typically measured in exahashes per second (EH/s).
  • BTC (Bitcoin): The native cryptocurrency of the Bitcoin network used as a decentralized digital asset and reward for miners validating transactions.
  • HPC (High-Performance Computing): Advanced computing infrastructure used for intensive data processing tasks, increasingly adopted by some Bitcoin mining firms for AI and other computational workloads.