PiCK
14 Publicly Traded Companies Sell 108,247 Bitcoin This Year Worth About $8.08 Billion
Minseung Kang
Summary
- Lookonchain said 14 publicly traded companies sold a combined 108,247 BTC this year for about $8.08 billion.
- Bitcoin miner MARA disposed of 40,581 BTC this year for about $3.03 billion, at an average price of $74,446.
- Riot Platforms sold 20,264 BTC this year for about $1.51 billion, at an average price of $73,231.
Forecast Trend Report by Period
Fourteen publicly traded companies sold more than 100,000 Bitcoin this year.
On Nov. 10, on-chain analytics platform Lookonchain wrote on X that 14 listed companies had sold a combined 108,247 BTC this year. The sales totaled about $8.08 billion.
Among them, Bitcoin miner MARA disposed of 40,581 BTC this year, the largest volume sold by any publicly traded company on the list. Those sales were worth about $3.03 billion, with an average selling price of $74,446 per Bitcoin.
Riot Platforms also sold 20,264 BTC this year for about $1.51 billion. Its average selling price was $73,231 per Bitcoin.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.