As bitcoin price weakness drags on, listed companies are cutting the amount they hold.
According to a recent CoinDesk report, Empery Digital (EMPD) on April 1 sold 370 bitcoins at an average $66,632 each, raising $24.7 million.
Its remaining holdings stand at 2,989 bitcoins. It used part of the proceeds to fully repay an outstanding term loan and also freed about 1,800 bitcoins that had been pledged as collateral. Empery Digital began buying bitcoin from July 2025 and accumulated up to about 4,000 at its peak, but its share price is down 75 percent from its 2025 high of $15.80.
AI-based education company Genius Group (GNS) has disposed of all of its bitcoin holdings. It held up to 440 bitcoins in March last year but recently sold its remaining 84 to repay $8.5 million in debt. The company said it would resume buying bitcoin if market conditions become favorable.
Riot Platforms (RIOT), one of the largest listed bitcoin mining companies in the United States, has also begun selling. According to blockchain data tracking service Lookonchain, Riot on April 1 transferred 500 bitcoins worth about $34.13 million. The move is seen as aimed at raising funds to shift its business to AI and high-performance computing. Riot also sold about $200 million worth of bitcoin in November and December 2025. After holding more than 19,000 at its peak, Riot's holdings have now fallen to about 17,500.
The Bhutan government is also reducing its holdings. According to blockchain analytics firm Glassnode, Bhutan has sold a total of 3,103 bitcoins, including 375 in a single transaction on March 30. Bhutan accumulated bitcoin through state-led mining and held more than 13,000 at its peak in October 2024.