Bitcoin’s recent rally is largely fueled by Strategy purchases: Bitwise's Hougan

Bitcoin’s recent rally is largely fueled by Strategy purchases: Bitwise's Hougan

0.82%BTC$77,272 0.41%XLM$0.1632 1.03%TRX$0.3238 0.06%XMR$387.20 1.31%DOGE$0.1021 1.97%BCH$454.13 1.37%ADA$0.2495 0.75%BNB$627.35 0.40%ETH$2,329 1.72%SOL$84.84 0.81%HYPE$40.74 1.08%XRP$1.39 0.13%Written by Stephen Katte⁠, Staff Writer. Reviewed by Felix Ng⁠, Staff Editor. Written by Stephen Katte⁠, Staff Writer. Reviewed by Felix Ng⁠, Staff Editor. Bitcoin’s recent rally is largely fueled by Strategy purchases: Bitwise's HouganLatest NewsPublishedApr 29, 2026While Bitcoin exchange-traded funds and whale buying have contributed to the recent Bitcoin rally, the key driver has been consistent buying by Michael Saylor's treasury firm, Strategy, according to Bitwise's chief investment officer. Bitcoin treasury firm Strategy and its perpetual preferred stock, STRC, have been the “single biggest factor” in Bitcoin’s recent rally, which has jumped 20% from its February low, according to Bitwise c

Source: https://cointelegraph.com/news/recent-btc-rally-fueled-by-strategy-btc-purchases-bitwise-cio-says?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound