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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

2026-04-29

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

While 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.

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