Bitcoin buying returns in 2026 as institutional demand outpaces daily miner supply.
Key points:
- Institutions have been “net buyers” of Bitcoin for eight consecutive days, according to a dedicated tracking metric.
- This sustained buying streak has historically corresponded with an average BTC price gain of nearly 110% since 2020.
- After three months of losses, Bitcoin may be poised for a relief rally.
Institutions buying 76% more Bitcoin than miners produce
New data from quantitative Bitcoin and digital asset fund Capriole Investments shows institutional purchases outpacing newly mined supply by more than 75%.
After a period of uncertainty over the New Year following two months of weakened demand, major corporate players are once again showing strong interest in Bitcoin exposure.
Capriole’s Net Institutional Buying metric, which tracks purchases by corporate treasuries and US spot Bitcoin ETFs, has now recorded eight consecutive “green” days.
On each of the past eight days, institutional buying of Bitcoin has outpaced the BTC added to the market by miners. On Monday alone, this “excess” demand reached 76%.
“Institutions are once again net buyers of Bitcoin,” Capriole founder Charles Edwards said in response to the data on X.
Edwards noted that historically, Bitcoin has delivered significant gains when institutional buying surpasses newly mined supply. Since 2020, the metric has coincided with an average BTC/USD increase of 109%, with the previous flip producing a 41% upside.
Bitcoin could stage $100,000 comeback in January
Adding to the bullish sentiment on Bitcoin’s price, network economist Timothy Peterson highlighted historical trends supporting a potential rebound.
After a nearly 40% drop from October’s all-time high of $126,200, Peterson said the odds favor Bitcoin surpassing $100,000 this month.
“History favors a return above $100,000 for Bitcoin this month. Bitcoin has had three consecutive months of declines — an occurrence that has only happened nine times since 2015,” Peterson wrote on X Tuesday.
“What happens next? 1 month later, Bitcoin was positive 67% of the time. However, the 3 negative instances were all in 2018 and marked the end of that bear market.”
Peterson noted that the average gain following this pattern is more modest, around 15%.
BTC/USD bounced back to $94,000 after Monday’s Wall Street open, reaching its highest levels since mid-November.
