Compass Investments

Demand for bitcoin (BTC) from institutional investors resumed in 2026 as BTC purchases by funds exceeded daily miner issuance. Highlights:

institutions have been net buyers of bitcoin for eight days straight, according to a specialized tracking indicator.

Continuous net buying has driven the average BTC value up nearly 110% since 2020.

Bitcoin is poised to recover from a three-month slump.

Fresh information from Capriole Investments, a hedge fund specializing in digital assets, shows that corporate buying is outpacing mining supply by nearly 76% .

After a period of market uncertainty at the beginning of the year, following two months of declining interest, key market participants have renewed their interest in BTC.

Capriole’s Net Institutional Buying indicator, which tracks purchases of bitcoin by corporate treasuries and U.S. spot ETFs, has recorded eight consecutive days of positive returns.

This means that on a daily basis, the amount of net institutional interest was greater than the amount of BTC coming into circulation from miners. On Monday, this excess demand reached 76% . Institutional investors have started buying up bitcoin again, Capriole founder Charles Edwards said in a post on X platform.

Edwards showed that in the past, the BTC/USD pair has shown significant growth during periods when institutional purchases exceeded new inflows from mining operations.

Since 2020, the average rise has been 109% , while the previous shift resulted in a 41% increase.

etwork economist Timothy Peterson added to the optimistic outlook for BTC’s future price trajectory.

History, in his estimation, is playing to the bulls’ favor after falling nearly 40% from its October peak of $126,200.

History is helping to push bitcoin back above $100,000 this month. Bitcoin has declined for three consecutive months. In 67% of the cases, the asset showed growth after a month-long decline. However, all three of those declines occurred in 2018, marking the end of that bear cycle.

Peterson calculated that when this phenomenon occurred, the average gain was lower, amounting to 15% .