“In March, public mining companies increased bitcoins. The volume of coin sales has reached a maximum since October 2024, reports Theminermag. Source: Theminermag. The 15% of the exchange on the stock exchange sold more than 40% of the production. In Hive, Bitfarms and Ionic Digital exceeded 100%. After the US presidential election, the industry participants moved to a more aggressive HODL strategy. In the IV quarter of 2024 some companies […]”, – WRITE: Businessua.com.ua
In March, public mining companies increased bitcoins. The volume of coin sales has reached a maximum since October 2024, reports Theminermag.
Source: Theminermag.
The 15% of the exchange on the stock exchange sold more than 40% of the production. In Hive, Bitfarms and Ionic Digital exceeded 100%.
After the US presidential election, the industry participants moved to a more aggressive HODL strategy. In the IV quarter of 2024, some companies, like Riot, Hut 8 and Mara, even additionally bought bitcoins to build cryptores.
The March shift towards sales experts explain the reduction in the profitability of mining against the background of stagnation of hashprewis near minimal levels and increasing uncertainty through trade wars.
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Since January, the information on sales of extracted cryptocurrency has stopped opening Bit Digital, Argo, Terawulf and Stronghold.
Cleanspark has confirmed that they will start implementing some of the produced bitcoins to cover operating costs and use reserves to finance business expansion.
Today Cleanspark AnnounCed We have Expanded Our Capital Strategy to Include An Increase In Our Credit Facility with Coinbase Prime (Nasdaq: $ Coin) to $ 200 Million. Additionally, $ CLSK’s Digital Asset Management Team Has Official Launched ITS Institutional Grade Bitcoin Treasury
– Cleanspark Inc. (@Cleanspark_inc) April 15, 2025
The company adhered to the storage policy of 100% of production of digital gold since mid -2023.
“Without panic!” Cryptoquant Axel Adler Jr. also linked the current growth of sales by miners with economic pressure of trade duties. According to him, it is not like “surrender or panic”.
MINers Are Holding up Well. Even with the recent Price Drop, Their Sentiment is on the Rise -a Clear Sign Sign Believe in Bitcoin’s Long -Term Potential.
The Current Wave of Selling Looks More Like A Respense to Economic Pressure from Trade Tariffs Than Any Sign of… Pic.twitter.com/t5nvkkkv6y
– Axel 💎🙌 Adler Jr (@axeladlerjr) April 17, 2025
“Metlees keep well. Even despite the recent fall in prices, their moods are improving – a clear sign that they still believe in the long -term Bitcoin potential, ”the analyst said.
According to Glassnode, on April 8, the Hashrait of the first cryptocurrency (smoothed by the seven -day sliding average) reached a maximum of 925.4 eh/s. After a slight rollback, the figure recovered to 905.5 eh/s.
It is projected that the subsequent recalculation will increase by 4%, which will further reduce the profitability of production.
Recall that analysts called the alarming tendency of differences of the dynamics of hashrait and the movement of the price of bitcoin. Cryptoquant, on the contrary, consider it a positive feature that indicates the force of basic cryptocurrency factors.
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