Miners in 2022 sold almost all mined bitcoins

In 2022, many major mining companies faced financial problems due to the fall of the cryptocurrency market. Some were on the verge of bankruptcy and were forced to sell most of the virtual currency they received.
Messari analysts found out that about 40,300 of the 40,700 bitcoins mined were sold. Almost all major miners were selling, including Marathon, Hut 8, Iris Energy, Argo, Riot and Core Scientific.
As one of the authors of the study, Tom Dunleavy, noted, in 2022, the mining companies, whose shares are traded on the stock market, received about 40,700 BTC. Of this amount of cryptocurrency, they were forced to sell up to 40,300 bitcoins.

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