Strategy Revives Institutional Buying in Bitcoin Amid Inflation Risks
Strategy has resumed institutional buying in Bitcoin after a 10-week pause. The $369.7M purchase is a major source of corporate demand for BTC, which is currently trading around $78,015.
Rising Treasury yields and stronger bets on Federal Reserve rate hikes are limiting Bitcoin's momentum. Oil prices above $91 also add to inflation risk, capping the cryptocurrency's attempt to break above $80,000.
The renewed buying from Strategy comes as support sits near $77,000. This dual force is affecting crypto market sentiment and could influence Centralized Exchange (CEX) and Decentralized Exchange (DEX) flows and broader adoption.