Tariff Shadows Loom! Miners Frenziedly Sell Off Bitcoin, While Listed Companies Defy the Trend and Boldly Increase Holdings!

TradingKey - Tariffs are changing the flow of cryptocurrency. Miners are selling Bitcoin like crazy, while public companies are buying in large amounts.

On April 16, Bitcoin(BTC)  dropped over 2% once again, as trade negotiations between the U.S. and Europe stalled. Since April 2, Bitcoin has experienced several peaks followed by declines, under mounting  short-selling pressure.

Bitcoin price trend chart, source: TradingView.

According to a report from CryptoQuant, Bitcoin miners accelerated their selling activity last week. On April 7 alone, they sold 15,000 Bitcoins—marking the third-largest single-day sale so far this year. The outlook for trade talks between the U.S. and several countries remains bleak, with Japan and Europe potentially preparing retaliatory measures that could result in further tariff hikes.

Faced with ongoing  tariff uncertainty and rising mining costs, many miners have little choice but to  liquidate holdings. This selling trend may continue in the near term. In contrast, several public companies—including Metaplanet and Semler Scientific—are raising funds to increase their Bitcoin holdings. Semler Scientific has filed with the SEC to issue $500 million in securities, while Metaplanet announced plans to  issue $10 million in zero-interest bonds.