**[North American Publicly Listed Mining Companies Sold Over 32,000 BTC in Q1, Surpassing Last Year's Total and Setting a Quarterly Record]** BlockBeats News, April 17: According to data from TheMinerMag, in the first quarter of 2026, publicly listed Bitcoin mining companies, including MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer, collectively sold over 32,000 BTC. This figure exceeds the total amount sold throughout last year and even surpasses the sell-off levels during the Q2 2022 Terra-Luna crash-induced bear market, setting a "new quarterly record." The backdrop for this sell-off is the drop in the key metric for measuring miners' profitability, "hashprice," which fell to a historic low of below $35 per PH/s per day. Approximately 20% of miners have already fallen into losses. Asset management firm CoinShares stated in its report: "Unless BTC prices rebound significantly, high-cost miners are likely to capitulate further in the first half of 2026."