Public Companies Sell 108,247 Bitcoin Worth $8.08 Billion in 2026, Lookonchain Reports

Fourteen publicly listed companies have sold 108,247 Bitcoin valued at approximately $8.08 billion year-to-date in 2026, according to on-chain analytics firm Lookonchain. Bitcoin mining firms drove the liquidations, with the top five sellers offloading 84,114 BTC, or 77.7% of the total. MARA Holdings led with 40,581 BTC sold for $3.03 billion, using $750 million to pay off Bitcoin-backed debt and cut obligations by 37%. Riot Platforms ranked second, selling 20,264 BTC for $1.51 billion to finance Texas data center expansions. Firms are monetizing reserves to fund debt restructuring and artificial intelligence initiatives.