Bitcoin Treasury Liquidations Signal Market Shift as Entities Sell Holdings

Public companies and governments are increasingly selling bitcoin holdings amid prolonged price weakness, signaling a potential bearish trend in the crypto market.

• Empery Digital sold 370 BTC for $24.7 million, now holding 2,989 BTC.
• Genius Group liquidated its entire 440 BTC stash to repay $8.5 million in debt.
• Riot Platforms sold 500 BTC for $34.13 million and $200 million in late 2025.
• Bhutan government sold 3,103 BTC, including 375 BTC in a single transaction on March 30.
• Public companies still hold 1,164,800 BTC, over 5% of total supply.
• Bitcoin price has fallen to $66,500, down over 2% since midnight UTC.