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Michael Saylor and institutions keep buying Bitcoin around $75,000 despite price drops.

Market News
21 May 2026
Benzinga
View Source
Bullish
pluang ai news

Michael Saylor, CEO of Strategy Inc., continues to accumulate Bitcoin at an average cost of $75,577 per coin, even as prices dip below $77,000. Alongside Saylor, major institutional investors like Capital International, Vanguard, and BlackRock have increased their holdings significantly in Q1 2026, despite Bitcoin's 22% price drop. Experts suggest these buyers are price-insensitive and view Bitcoin as a finite asset, anticipating a supply shock due to dwindling mine supply and limited exchange liquidity. This ongoing accumulation signals strong institutional confidence in Bitcoin's long-term value despite short-term volatility.

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