The Bitcoin Treasury firm Strategy, and its perpetual preferred stocks, STRC (STRC), have been the “single biggest factor” Matt Hougan, Bitwise’s chief investment officer, said that Bitcoin has recently rallied, with a 20% increase from the low of February.
Hougan has added $7.2 billion worth of Bitcoin to Strategy in just eight weeks. said A report was released on Tuesday.
“Yes, there have been multiple drivers of the recent rally, including strong buying from ETFs, $3.8 billion since March 1, and renewed purchases by long-term holders. But Strategy has been the single biggest factor,” He said.
Bitcoin’s price has fluctuated between $79 321 and $75 849 over the past 7 days. according CoinGecko is a great way to get started. As of today, it was worth $76,486 – up by 21% over its low price of $62,822 on February 6.
Strategy is currently the largest corporate Bitcoin owner publicly listed. It purchased 3,273 Bitcoins worth $255 Million. between April 20 and April 26Total holdings now total 818,334 BTC.
Source: Lookonchain
Analysts say that Bitcoin buying will continue.
Typical Strategy makes weekly Bitcoin purchases. The latest buy-up spree has pushed the company’s total holdings over those of BlackRock Global Asset Manager, who had previously held the largest amount. holds About 812 300 coins for its customers
Hougan predicts Strategy’s purchase will increase. “continue for some time to come,” The company is driven to grow by its STRC perpetual preferred stock which provides a dividend for the life of the business.
“Strategy issues STRC because it wants to buy more Bitcoin. Most of the capital raised by issuing STRC is used to purchase BTC on the open market,” He said.
Related: 80% of Strategy’s ‘Stretch’ buyers are mom-and-pop investors
“With junk bonds yielding less than 7% and investors fleeing private credit, STRC’s 11.5% yield — backed by a more than $40 billion bitcoin cushion — looks particularly attractive. I suspect Strategy will raise billions more through STRC,” Hougan was added.
Saylor claimed previously that the company could sustain dividends indefinitely as long as Bitcoin continued to grow.
Hougan stated that Strategy can be purchased at the current price. “hypothetically pay existing dividends for 42 years.” Bitcoin can be a good investment if the price rises 20% annually. “pay the dividends forever.”
Soon, strategy could be more important than Satoshi
Within two years Strategy’s holdings may surpass that of Satoshi Nakamoto, the Bitcoin creator. according Alex Thorn is the head of research for Galaxy Digital, a crypto-focused financial service firm.
Source: Alex Thorn
Nakamoto’s wallets are believed to have been found hold 1,1 billion Bitcoins represent about 5,5% of total supply. To match Nakamoto, Strategy would have to purchase another 277 666 coins.
However, Strategy’s Bitcoin purchases The following are some of the most effective ways to improve your own language skills. varied significantly. The lowest purchase in 2026 in the month of February was 855 Bitcoin, and the highest so far in this year on April 20 was 34164 coins.
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Source: cointelegraph.com
