Bitwise Chief Investment Officer: The recent rise in Bitcoin is mainly driven by increased purchases from Strategy
Bitwise Chief Investment Officer Matt Hougan stated that the core driver behind Bitcoin's recent 20% rise is the Strategy company under Michael Saylor. According to monitoring, Strategy has increased its Bitcoin holdings by $7.2 billion over the past eight weeks. Although Bitcoin ETFs have purchased $380 million since March 1 and long-term holders have resumed buying, Strategy remains the largest influencing factor. As of now, Strategy holds a total of 818,334 Bitcoins, surpassing BlackRock's holdings.
Hougan pointed out that Strategy is raising funds to purchase Bitcoin by issuing perpetual preferred stock STRC, and if Bitcoin continues to grow, its holdings are expected to exceed Satoshi Nakamoto's within two years. The current price of Bitcoin is approximately $76,486.
You may also like

Oracle: The Second Battlefield Behind the Prediction Market War

a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."

Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S

From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic

Why Private Credit Became the First True Bridge from TradFi to DeFi

Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital

When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products

My view on blockchain has changed

Will AI Agents use bank cards? Why can't Agentic Payment avoid stablecoins and blockchain?

Deconstructing 80 mainstream payment institutions and wallets worldwide

The MiCA Fast Track for Cryptocurrency Licenses: Why OKX and BVNK Choose Malta

a16z Crypto: Stablecoins are rebuilding the global financial infrastructure

ENI's RWA ambition: to create an enterprise-level BaaS platform that allows Web2 institutions to "go beyond just asset on-chain."

Morning Report | a16z releases global financial new stack report; Websea's withdrawal channel suspected of running away; Strategy purchased 3,273 bitcoins last week

The most Crypto group of people is becoming the least Crypto

MSTR STRC In-depth Study: The BTC Financing Flywheel Behind the 11.5% Yield

Bitcoin ETF News: $824M Weekly Inflows, BTC Hits $79K as Bitcoin 2026 Conference Opens in Las Vegas
Bitcoin ETF news today shows institutions absorbed 19,000 BTC in just 8 trading days as inflows reached $2.43B in April. With Bitcoin Conference Week underway and BTC testing $79K, traders are watching whether supply pressure could trigger the next breakout.



