Amid rising economic challenges and global market uncertainties, Bitcoin mining companies have adjusted their strategies. While some are liquidating crypto assets, others like the Brazilian fintech Meliuz are focusing on accumulation.
Massive Bitcoin Liquidation by Miners
Publicly listed Bitcoin mining companies sold over 40% of their mined BTC in March 2025, the largest monthly liquidation since October 2024. This shift indicates a significant strategy change from accumulating Bitcoin to offloading it, largely due to the difficult macroeconomic climate and increasing operational costs. Many firms are selling off large portions of their Bitcoin to maintain liquidity, exerting noticeable selling pressure on the market.
Fintech Meliuz Plans Bitcoin Expansion
Brazilian fintech firm Meliuz has announced plans to expand its Bitcoin holdings and designate the cryptocurrency as its primary strategic asset, pending shareholder approval at a meeting scheduled for May 6. Although the company's core operations will remain the same, Meliuz views cash generation as a key strategy for steadily acquiring more Bitcoin.
Potential US Government Purchase of 1 Million BTC
Amid discussions regarding a potential purchase of 1 million Bitcoin by the US government, experts speculate that this could lead to a significant price surge. Zach Shapiro suggested that such a move might push Bitcoin prices to a million dollars per coin due to President Trump's executive order aimed at establishing a strategic Bitcoin reserve.
The current shifts in miners' strategies alongside Meliuz's growing interest in Bitcoin and proposed US government initiatives highlight the volatile and evolving nature of the cryptocurrency market. These developments may significantly impact the future of Bitcoin and its adoption across the financial landscape.