Part 3/12:

• Hut8 Mining Corp. (also founded in 2017), with about 13,696 BTC, has maintained its holdings without sales so far this year, partly thanks to their partnership with Eric Trump in early 2025.

• CleanSpark, which began mining in late 2020 and holds around 13,01 BTC, has been liquidating some BTC since April 2025, totaling over 4,000 BTC sold.

• ( Kango Inc. ), a newer entrant since November 2024, already holds over 7,000 BTC and maintains a long-term stance against selling.