Lookonchain: In 2026, 14 listed companies collectively sold 108,247 BTC, worth about $8.08 billion
On-chain data platform Lookonchain released statistics on November 10, showing that as of that date, 14 listed companies had sold Bitcoin since the start of 2026, totaling 108,247 BTC, worth about $8.08 billion.
Among them, Bitcoin mining company MARA sold 40,581 BTC, worth about $3.03 billion, at an average sale price of $74,446, accounting for about 37.5% of the total. Riot Platforms sold 20,264 BTC, worth about $1.51 billion, at an average sale price of $73,231.
Other sellers included Bitdeer Technologies (about 10,553 BTC), Cango (7,001 BTC), and CleanSpark (5,715 BTC), among others. Lookonchain's data are compiled based on on-chain and publicly available information it monitors.
Original source:
Title: Fourteen publicly listed companies have collectively offloaded 108,000 BTC so far this year, with a total value of approximately $8.08 billion. Publisher: Lookonchain Publication date: 2026-11-10 URL: https://lookonchain.com/feeds/81456 Nature of source: Statistics from an on-chain data monitoring platform Verification status: The Lookonchain website and X post were read, confirming the 14 companies, the total amount, the valuation, and the specific data for MARA and Riot; the data are platform monitoring statistics, not a summary of each company's official financial reports. Supporting content: 108,247 BTC, about $8.08 billion, MARA 40,581 BTC (average price $74,446), Riot 20,264 BTC (average price $73,231).
ABAB AI Insight
Lookonchain's statistics show that the net scale of Bitcoin sales by listed companies in 2026 reached 108,247 BTC, of which MARA and Riot together accounted for more than 60,000 BTC, representing more than half of the total. The two companies' average sale prices were about $74,446 and $73,231, respectively.
MARA recently disclosed in its financial report that after the end of the third quarter it sold an additional approximately 13,600 BTC to repay loans backed by Bitcoin, and said it would continue raising funds by selling Bitcoin for uses such as AI infrastructure. Its full-year cumulative sales are consistent with the 40,581 BTC in Lookonchain's statistics.
This set of data reflects that some listed mining companies chose in 2026 to reduce their Bitcoin holdings and convert part of their output or inventory into cash. Lookonchain's statistics are based on on-chain monitoring and public disclosures; the specific counterparties, whether all transactions entered the public market, and each company's remaining holdings would need to be further verified against each company's subsequent financial reports.
Compared with the situation of some companies continuing to accumulate Bitcoin during the same period, the sales by these 14 companies constituted one source of net supply at the listed-company level that year. Both price and quantity are based on Lookonchain's monitoring methodology, and actual settlement prices may differ due to transaction timing and method.