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Top public Bitcoin mining holdings – 2022 review Top public Bitcoin mining holdings – 2022 review

Top public Bitcoin mining holdings – 2022 review

CryptoSlate has analyzed nine of the top Bitcoin mining holdings.

Quick Take

  • As 2022 began, Bitcoin holdings and production increased as ASICS looked for new homes due to companies bringing on cheap debt in 2021.
  • BTC holdings peaked in May. However, a summer of stress saw distribution as energy costs increased.
  • Distribution was the name of the game in the second half of 2022.
Public Bitcoin Holdings: (Source: Quarterly Results)
Public Bitcoin Holdings: (Source: Quarterly Results)
Public Bitcoin Holdings: (Source: Quarterly Results)

However, less than 60k Bitcoin got sent to exchanges in 2022.

2023 has begun with the least amount of sell pressure from miners in 3 years, with only 88 Bitcoin sent to exchanges (7DMA).

Bitcoin: Transfer Volume from Miners to Exchanges [BTC] - All Exchanges (7d Moving Average)
Bitcoin: Transfer Volume from Miners to Exchanges – All Exchanges (7d Moving Average) / Source: Glassnode