Sold 48,900 bitcoins... Largest on a half-year basis ever for a listed mining company
Original headline비트코인 4만8900개 팔아…상장 채굴업체 반기 기준 역대 최대
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Listed Bitcoin miners sold 48,900 BTC in the first half of 2026, the largest half-year disposal on record, according to Needham analyst John Todaro. The CoinShares Bitcoin Mining & Digital Power ETF has fallen 23% year to date in 2026, reversing a 72% gain in 2025, though the fund also holds AI cloud and data-center firms, so its decline is not a pure proxy for Bitcoin's price. Keel Infrastructure CEO Ben Gagnon framed the shift as miners leaving Bitcoin for markets even more volatile than Bitcoin itself. The record liquidation matters because it shows miners funding operations and pivots away from pure mining at scale, adding persistent supply pressure on BTC. Watch whether selling accelerates in the second half and how much of the ETF's drawdown traces to AI and data-center exposure versus mining economics.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), CoinShares Bitcoin Mining & Digital Power ETF, John Todaro, Needham, Keel Infrastructure, Ben Gagnon
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