Institutions Are Buying More Bitcoin Than Miners Can Produce
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Institutional demand for Bitcoin has surged in early 2026, with buyers absorbing significantly more BTC than miners are adding to supply. Data from Capriole Investments shows institutions have been net buyers for eight consecutive days, acquiring roughly 76% more Bitcoin per day than miners produced.
This metric includes corporate treasury purchases and U.S. spot Bitcoin ETFs, signaling a broad-based return of institutional appetite. Historically, when institutional buying outpaces new supply, Bitcoin has tended to enter strong upward price phases rather than prolonged consolidation.