Publicly traded miners sell over 108,000 Bitcoin worth $8.08 billion in 2026
Fourteen listed companies have disposed of an estimated 108,247 BTC, valued at about $8.08 billion, through the first three quarters of 2026. Marathon Digital (MARA) led the list with 40,581 BTC (~$3.03 billion) and used $750 million of the proceeds to repay Bitcoin‑backed loans, cutting its debt by $1.4 billion. Riot Platforms sold 20,264 BTC (~$1.51 billion) primarily to fund its expanding data‑center business. The remaining miners accounted for the balance of the sales.
Why it matters
MARA’s debt reduction improves its balance sheet and frees collateral for future projects, while Riot’s financing supports a $9.1 billion data‑center rollout that could boost future revenue. The large BTC disposals also signal a shift from holding reserves to using them for capital needs.
Key facts
- 1Fourteen public companies sold a combined 108,247 BTC in 2026, valued at approximately $8.08 billion. crypto.news
- 2MARA sold 40,581 BTC, generating about $3.03 billion. crypto.news
- 3Riot Platforms sold 20,264 BTC, generating about $1.51 billion. crypto.news
- 4MARA used $750 million of the proceeds to fully repay Bitcoin‑backed loans, releasing 17,477 BTC as collateral. crypto.news
- 5MARA reduced its total debt by $1.4 billion, or 37%, since the start of 2026. crypto.news
- 6Riot used the Bitcoin sale proceeds to finance data‑center development, including a $9.1 billion agreement for 191 MW in Texas and a 15‑year lease for 910 MW at Corsicana. crypto.news
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.