Strategy Buys Another $75M in Bitcoin as Market Turmoil Deepens

BTC0,65%

Strategy added another $75.3 million worth of Bitcoin to its balance sheet, according to an announcement on Monday by executive chairman Michael Saylor. The purchase lifts the firm’s total Bitcoin holdings to just over $54 billion, accumulated at an average price of $76,052 per coin, reinforcing Strategy’s long-standing conviction despite mounting market pressure.

The buying did not stop there. Other investors also moved in as prices fell, with spot Bitcoin exchange-traded funds attracting $562 million in inflows on Monday, based on data from DefiLlama. The renewed demand comes after Bitcoin has lost more than 15% over the past month, weighed down by growing uncertainty across global markets.

Political and Macro Shocks Add Pressure to Bitcoin

Recent price weakness has unfolded against a backdrop of heightened geopolitical and economic stress. Markets have been rattled by U.S. President Donald Trump’s nomination of Kevin Warsh, a known interest-rate hawk, as the next chair of the Federal Reserve. Additional pressure has come from renewed tariff threats, fatal shootings in Minneapolis, and Trump’s apparent tolerance for a weaker U.S. dollar.

Warsh’s nomination marks a sharp departure from Trump’s previous calls for lower interest rates. A more hawkish Federal Reserve raises the prospect of fewer and slower rate cuts, limiting liquidity across financial markets and reducing support for risk assets such as Bitcoin, equities, and even gold. While Warsh still requires Senate confirmation and policy decisions remain subject to consensus within the Fed, the signal alone has been enough to shift sentiment.

“Investors turned bearish after news about new U.S. Federal Reserve leadership appointments, raising fears that monetary policy could remain tighter for longer,” said Erikka Arone, senior vice president at crypto-trading platform sFOX, in comments to DL News.

Bearish Sentiment Dominates Despite Dip Buying

Bitcoin is now trading roughly 38% below its all-time high and has underperformed traditional assets like stocks and gold since a $1 trillion market wipeout in October. Market participants describe recent trading as particularly brutal, with sharp declines spreading across the broader crypto sector.

“It’s been a bloodbath across crypto markets over the past few days,” said Nick Forster, founder of Derive.xyz, in a note shared with DL News. He added that traders are increasingly positioning for a potential drop toward the $70,000 level, as fear continues to dominate short-term market psychology amid extreme uncertainty.

More pessimistic forecasts are also resurfacing. On Monday, Bloomberg Intelligence strategist Mike McGlone reiterated his long-standing prediction that Bitcoin could eventually fall as low as $10,000, highlighting how divided market expectations remain even as large players continue to buy the dip.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

USD/JPY Hits 160 Again – Is a Bitcoin Crash Coming Next?

_USD/JPY crosses 160 for the first time since July 2024, raising attention from global investors._ _July 2024 BOJ intervention dropped USD/JPY 20 points, Bitcoin 30%, and S&P 500 10%._ _Strengthening yen raises borrowing costs for leveraged investors, affecting stocks and crypto

LiveBTCNews21m ago

The cryptocurrency fear index has dropped to 9, with the market continuing to maintain "extreme fear."

The current cryptocurrency market fear and greed index has dropped to 9, indicating extreme fear in the market, well below yesterday's 12 and last month's average of 13. This index consolidates multiple indicators to assess market sentiment.

BlockBeatNews1h ago

Bitcoin Sell-Off Reveals Whale-Driven Rotation as Retail Capitulates and Leverage Resets

_Whales drove the sell-off, absorbed liquidity, while retail exited and leverage flushed across the market._ Bitcoin’s recent price action points to a calculated liquidity event rather than broad market weakness. A sharp decline initially appeared tied to macro uncertainty, but the underlying

LiveBTCNews1h ago

CEO of Goldman Sachs admits to holding Bitcoin amid accelerating institutionalization

David Solomon, CEO of Goldman Sachs, acknowledged holding a small amount of Bitcoin in February 2026, contrasting with his 2024 stance of viewing it as speculative. This reflects Wall Street's deepening involvement in crypto, amid legal constraints. The positive community reaction suggests a normalization of Bitcoin among affluent individual and institutional investors.

TapChiBitcoin2h ago

Since the "1011 crash," the BTC ETF has recovered $3 billion in outflows, and the fund flows for the year are close to flat.

According to Bloomberg's data, from October 2025 to the end of February 2026, Bitcoin ETF saw an outflow of approximately $9 billion, with about $3 billion recovered so far. Although the overall net outflow still exceeds $6 billion, the inflow and outflow of funds in 2026 have nearly balanced out.

GateNews2h ago
Comment
0/400
No comments