Bitcoin Pressure Builds As Miners Dump 32K BTC In Just 3 Months
About 20% of the Bitcoin Asset manager CoinShares, in its Q1 2026 Bitcoin Mining Report, warned that more pain could be coming. Higher-cost operators should expect continued capitulation in the first half of this year, the firm said, unless Bitcoin’s price stages a meaningful recovery. Think ₿igger. pic.twitter.com/L1yH3n0k7t — Michael Saylor (@saylor) April 12, 2026
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Treasury Buyers Step In As Miners Step Back
While miners sell, corporate buyers are moving in the opposite direction. Strategy, the largest Bitcoin treasury company by holdings, has continued adding to its position.
Co-founder Michael Saylor signaled earlier this week that another purchase was in the works, sharing the company’s BTC acquisition history chart — a move his followers have come to read as a near-certain signal of an imminent buy.
Featured image from MetaAI, chart from TradingView
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