Fourteen publicly traded companies sold a combined 108,247 BTC during 2026, in transactions totaling roughly $8.08 billion through November 10, according to on-chain analytics platform Lookonchain (@lookonchain on X). Mining companies accounted for most of the activity, with MARA and Riot Platforms leading the list of sellers. The figures arrived as Bitcoin traded near $74,760 on the four-hour chart, below the former $76,400 support level that traders now watch as resistance. The combined total gives a quantified measure of how much Bitcoin moved out of public-company treasuries during a year in which the price slid from early-October levels near $87,000 to the $74,000 range.

MARA and Riot Platforms Lead $8B in Corporate Bitcoin Sales

Lookonchain reported that MARA sold 40,581 BTC worth approximately $3.03 billion, recording an average selling price of $74,446 per coin. Riot Platforms followed with 20,264 BTC worth around $1.51 billion at an average selling price of $73,231.

Together, the two mining companies accounted for 60,845 BTC, or about 56% of the reported total, with combined sales reaching approximately $4.54 billion. Lookonchain published the figures on November 10, but the transactions cover activity since the beginning of the year. The report does not establish that these companies sold their entire holdings during the latest market decline. Because listed miners build their Bitcoin reserves through their core mining operations, large treasury disposals by firms such as MARA and Riot are tracked closely as a measurable source of supply alongside ordinary exchange trading.

Other Public Companies Reduce BTC Holdings

Bitdeer Technologies ranked third with 10,553 BTC worth about $787 million, a figure Lookonchain based on estimated outflows from January through September. Cango followed with 7,001 BTC worth $522 million, while CleanSpark accounted for 5,715 BTC worth about $426 million.

CleanSpark's total included 3,654 BTC connected to options or basis trading transactions, meaning the figures cover more than ordinary spot-market sales. Basis trading generally involves paired positions in spot and derivatives markets, so transfers in that category can reflect hedging structures rather than direct liquidation of holdings. Core Scientific sold 3,374 BTC at an average price of $85,000, while Empery Digital, Keel, Bitfarms, and Hut 8 each recorded sales above 3,000 BTC.

HIVE Digital, IREN, Cipher Digital, Sequans, and KULR also appeared in the list. Hut 8 recorded an average sale price of $80,658, while Empery Digital's average reached $66,733, differences that reflect transactions executed at separate prices during the year.

Lookonchain's dataset combines monitored BTC transfers with company disclosures, so some reported movements do not represent direct sales on spot exchanges.

Bitcoin Price Falls Below $76,400 Support

Bitcoin traded around $74,760 on the four-hour chart shared by analyst That Martini Guy (@MartiniGuyYT on X). BTC had recovered after briefly slipping below $74,000, but the latest bounce left the price beneath the $76,400 level that previously supported the market.

The levels marked on the chart place the next resistance at $79,500, followed by $83,500 and $87,000. Bitcoin previously traded near $87,000 in early October before recording lower highs and lower lows, then fell through $79,500 and later lost the $76,400 area as November trading continued.

An analyst said bulls need to reclaim $76,400 before the market structure starts changing, describing the prevailing trend as bearish while BTC remains below that threshold. A brief recovery alone would not confirm that buyers had regained the former support zone.

What Comes Next for BTC as Selling Continues

According to the levels marked on the chart, a sustained move above $76,400 would put $79,500 back in focus, with additional resistance at $83,500 before the higher $87,000 level. Failure to regain $76,400 would leave Bitcoin trading below its former support.

The recent move under $74,000 also remains relevant because it marked the low area preceding the recovery. Traders can compare the next price move against these levels as BTC attempts to stabilize. Whether corporate selling extended beyond the reported period should become clearer as updated on-chain figures and company disclosures are published.

Source: The Market Periodical