Bitcoin Miners Are Selling And Pivoting to AI
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Cango isn’t alone — major miners are offloading Bitcoin at scale.Recent moves:
• Riot Platforms sold 3,778 BTC in Q1
• MARA Holdings sold 15,133 BTC (~$1.1B)The trend is clear: miners are deleveraging and reallocating capital.
Why?
AI infrastructure is now competing with mining for data center space and energy.Estimates suggest miners could generate up to 70% of revenue from AI by 2026, signaling a major shift in the industry