A company dedicated to Bitcoin mining has reduced its Bitcoin (BTC) reserves by 61,000 units over the past four years.
This trend has increased industry inventories From 1.862 trillion BTC in September 2022 to a minimum of 1.801 trillion BTC Despite this continued liquidation, selling pressure from mining companies slowed slightly during the first few weeks of April.
As seen in the following graph from CryptoQuant, Total reserves recovered slightly and reached 1.804 trillion BTC This is higher than the lowest recorded in March. This change signals a temporary cessation of sales over the years, or the beginning of an eventual stabilization.
The main driver of this action is the need for companies to generate instant liquidity in fiat currencies. Companies are looking to fund their business transition into emerging technology areas, particularly artificial intelligence (AI). This strategic move is in response to the search for a more stable source of income that is not solely dependent on Bitcoin price fluctuations.
In this regard, analyst Charles Edwards, founder of Capriol Investments, warned of what he sees as structural threats to the network. According to his vision, major miners will abandon the mining business and rely on AI. According to his analysis, Revenue from Bitcoin mining could drop from 90% to 30% of total business In the short term.
We can see that Edwards’ predictions are directly reflected in the actions of MARA Holdings, one of the largest Bitcoin mining companies in the United States. MARA Holdings has already begun to materialize this change after selling 15,133 BTC in March. This figure corresponds to 30% of total foreign exchange reserves. signature We used these resources to expand into artificial intelligence As reported by CriptoNoticias, high performance computing (HPC) is the use of supercomputers to process complex data.
However, MARA claims that these sales do not mean a complete abandonment of Bitcoin mining. The company describes the operation as strictly a financial measure to strengthen its balance sheet and reduce outstanding debt. In this way, Organizations are moving towards hybrid business models where mining continues to be the central activity. of the group.
Similarly, Core Scientific expects to sell approximately 2,500 BTC in the first quarter of 2026. The company plans to liquidate most of its holdings in currency throughout this year as it rebuilds its infrastructure goals. The company’s current goal is to tap into the high-margin computing sector. It’s more predictable.
Core Scientific began to diversify its cash flow through hosting agreements (hosting) for enterprise-grade graphics processors (GPUs). These components are essential for training artificial intelligence models. By leveraging the installed electrical energy capacity, the company aims to transform its mining infrastructure into a data center capable of generating recurring revenue in fiat currency.
