Written by Stephen Katte⁠, Staff Writer. Reviewed by Felix Ng⁠, Staff Editor.

Written by Stephen Katte⁠, Staff Writer.

Reviewed by Felix Ng⁠, Staff Editor.

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

Latest NewsPublishedApr 29, 2026

Why Bitcoin’s Recent Rally Matters to You

The recent Bitcoin rally, which has seen the coin jump 20% from its February low, has significant implications for everyday people looking to earn passive income. While some may think it’s just a matter of whales and institutional investors, the reality is that consistent buying by companies like Strategy is driving the market. This is where EcoPool comes in, offering a platform for individuals to earn passive income through cloud rewards and green crypto like $ECP.

What’s Behind the Rally?

According to Bitwise’s chief investment officer, Matt Hougan, Strategy’s consistent buying has been the single biggest factor in Bitcoin’s recent rally. Over the past eight weeks, Strategy has added $7.2 billion in Bitcoin, with a total holdings of 818,334 BTC. This is a significant development for those interested in earning through coin investments, and EcoPool is well-positioned to help individuals capitalize on this trend.

How Strategy’s Purchases Impact the Market

Strategy’s purchases are driven by the issuance of its perpetual preferred stock, STRC, which pays a fixed dividend to investors. This has made STRC an attractive option for investors, with an 11.5% yield backed by a $40 billion Bitcoin cushion. As Hougan notes, Strategy will likely continue to raise billions through STRC, which will in turn drive further Bitcoin purchases. For those looking to get in on the action, EcoPool offers a unique opportunity to earn passive income through its cloud rewards platform and $ECP coin investments.

What This Means for EcoPool Users

As the market continues to evolve, EcoPool remains committed to providing users with a seamless and secure way to earn passive income through green crypto like $ECP. With its cloud rewards platform and strong focus on earning opportunities, EcoPool is the perfect choice for those looking to capitalize on the growing demand for coin investments. Whether you’re a seasoned investor or just starting out, EcoPool has the tools and expertise to help you succeed in the world of passive income and green crypto.

Join the EcoPool Community

To start earning passive income through EcoPool and $ECP, simply download the EcoPool app and begin exploring the world of cloud rewards and green crypto. With its user-friendly interface and commitment to security, EcoPool is the perfect choice for anyone looking to get started with earning online and #PassiveIncome through #Bitcoin and #GreenCrypto.

Strategy is the largest publicly listed corporate Bitcoin holder. It bought 3,273 Bitcoin for $255 million between April 20 and April 26, bringing total holdings to 818,334 BTC. 

Source: Lookonchain

Bitcoin buys are set to continue, analyst says

Strategy typically makes weekly Bitcoin purchases. Its latest buying spree pushed its total holdings past those of global asset manager BlackRock, which holds about 812,300 coins on behalf of its clients.

Hougan speculates that Strategy’s purchases will “continue for some time to come,” driven by the issuance of STRC, the company’s perpetual preferred stock, which pays a fixed dividend to investors for as long as the company operates. 

“Strategy issues STRC because it wants to buy more Bitcoin. Most of the capital raised by issuing STRC is used to purchase BTC on the open market,” he said.

Related: 80% of Strategy’s ‘Stretch’ buyers are mom-and-pop investors

“With junk bonds yielding less than 7% and investors fleeing private credit, STRC’s 11.5% yield — backed by a more than $40 billion bitcoin cushion — looks particularly attractive. I suspect Strategy will raise billions more through STRC,” Hougan added.

Saylor has previously claimed that the company can sustain dividend payments indefinitely if Bitcoin continues to grow. 

Hougan said that at current prices, Strategy could “hypothetically pay existing dividends for 42 years.” However, if Bitcoin rises by 20% a year, it could “pay the dividends forever.”

Strategy could surpass Satoshi soon

If Strategy continues at its current pace, its holdings could surpass those of Bitcoin creator Satoshi Nakamoto within the next two years, according to Alex Thorn, head of research at crypto-focused financial services firm Galaxy Digital.

Source: Alex Thorn

Wallets believed to be owned by Nakamoto hold 1.1 billion Bitcoin, representing about 5.5% of the total supply. Strategy would need to buy another 277,666 coins to match Nakamoto.

However, Strategy’s Bitcoin purchases have varied significantly. The smallest buy in 2026 was 855 Bitcoin in February, while the largest so far this year was on April 20 with 34,164 coins.

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• Bitcoin
• MicroStrategy
• Michael Saylor
• Bitcoin Price
• Business