Latest filings show Strategy bought 855 Bitcoin at about $88,000 each last week, as BTC briefly fell below its average cost for the first time since 2023.

Crypto ETPs posted two consecutive weeks of outflows, totaling $3.43 billion and driving $1 billion in year-to-date losses, according to CoinShares.

Bitcoin bets on Polymarket show elevated downside risk in 2026 as analysts point to bearish trends and tight US liquidity conditions.