Bitcoin Market May Bottom as Strategy Boosts Holdings

U.S. software firm Strategy (MSTR) increased its Bitcoin holdings despite sharp market declines. The company now holds about $53.5B worth of Bitcoin, or roughly 3.6% of total BTC in circulation. Bernstein said signs of market stabilization are emerging after heavy volatility and a correction, while keeping a long-term target of $150,000 for Bitcoin by 2026. On-chain and trading indicators discussed in the report show steadier demand among major investors: spot and ETF volumes have remained resilient even as Bitcoin is down around 50% from its all-time high. Bernstein described the current setup as “a potential base for future growth,” emphasizing that institutional flows and macro drivers will likely shape BTC’s recovery path. Strategy’s accumulation strategy is the key catalyst. It has continued purchasing during price weakness rather than cutting exposure. The article cites Michael Saylor’s disclosures: as of 3/22/2026, Strategy held 762,099 BTC acquired for about $57.69B at an average ~$75,694 per BTC, and it added 1,031 BTC for ~$76.6M at ~$74,326 per BTC. Strategy also raised $7.3B in 2026 to maintain buying capacity. With Bitcoin’s fixed supply cap and large-holder concentration, traders may watch corporate treasury accumulation—especially Strategy’s—alongside spot/ETF activity for confirmation of a trend shift in Bitcoin markets.