14 public companies sold 108,247 BTC worth $8.08 billion in 2026, Lookonchain says

Fourteen publicly listed companies have sold a combined 108,247 BTC worth $8.08 billion since the start of 2026, according to Lookonchain, marking a shift from accumulation to liquidation among corporate Bitcoin holders. The sales, which include miners offloading treasury reserves, represent a meaningful reversal in supply dynamics for a cohort that had been a steady source of demand in prior years. The move signals a more cautious corporate outlook on Bitcoin and adds sell-side pressure that could offset ETF and institutional inflows. Traders will watch whether other public treasuries follow suit and whether the pace of disposals accelerates in coming quarters.