Bitcoin miners saw an 11% revenue drop last month, but exchange outflows rose only 1% as selling stayed subdued

Bitcoin miner revenues slid 11% last month, but signs of forced selling remained limited. Exchange outflows increased just 1%, pointing to restrained distribution despite weaker profitability. VanEck data show miners' aggregate balances are down only 0.5% year over year, suggesting operators are largely holding onto reserves even as economics tighten and parts of the industry pivot toward AI.