According to Lookonchain, 14 publicly listed companies sold about 108,247 BTC from the beginning of 2026 through November 10, worth roughly $8.08 billion. MARA Holdings led the group with 40,581 BTC sold, followed by Riot Platforms with 20,264 BTC, while the top five sellers accounted for 84,114 BTC, or 77.7% of the total. Bitcoin miners dominated the selling wave, which may be used partly to repay debt and invest in artificial intelligence. However, some figures are estimates based on wallet movements and may represent transfers, collateral postings or hedging operations rather than clean spot sales. Strategy’s continued purchases provide the counterweight investors should watch regarding Bitcoin supply on the market.
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