Institutional Bitcoin Buys Exceed Mined Supply by 76%

Bitcoin institutions bought more BTC than miners added to the supply in the first week of 2026 as a classic BTC price bull signal began to repeat.

Bitcoin (BTC) buying is back in 2026 as institutions acquire more BTC per day than miners produce.

Key points:

• Institutions are now “net buyers” of Bitcoin for eight days straight, a dedicated tracking metric reports.

• Sustained net buying has resulted in average BTC price upside of nearly 110% since 2020.

• Bitcoin is due a relief bounce after three months of losses.

Institutions buy 76% more BTC than miners add

The latest data from quantitative Bitcoin and digital asset fund Capriole Investments shows institutional buys beating mined supply by over 75%.

After a period of uncertainty over the new year that followed two months of demand breakdown, major corporate players are interested in BTC exposure again.

Capriole’s Net Institutional Buying metric, which includes purchases by corporate treasuries and the US spot Bitcoin exchange-traded funds (ETFs), has now recorded eight “green” days in a row.

Bitcoin Net Institutional Buying chart. Source: Capriole Investments

This means that on each of those days, net institutional buying appetite was more than the BTC added to the supply by miners. On Monday, this “excess” demand totaled 76%.

“Institutions are once again net buyers of Bitcoin,” Capriole founder Charles Edwards commented in response to the data in a post on X.

Edwards revealed that historically, BTC/USD has seen significant gains in the period after institutional buying flips positive versus newly-mined supply.

Since 2020, the average increase has been 109%, with the previous flip sparking 41% upside.

Bitcoin Net Institutional Buying vs. BTC/USD. Source: Charles Edwards/X

BTC price due $100,000 comeback in January

Continuing, network economist Timothy Peterson added to the optimistic takes on BTC price performance going forward.

Related: Can BTC avoid bull trap at $93K? 5 things to know in Bitcoin this week

History, he agreed, is on the bulls’ side after a near 40% drawdown against October’s $126,200 all-time highs.

“History favors a return above $100,000 for Bitcoin this month. Bitcoin has had 3 consecutive months of declines.  That has only happened 9 times since 2015,” Peterson wrote on X Tuesday. 

BTC price performance comparison. Source: Timothy Peterson/X

Peterson calculated a smaller average gain as a result of the phenomenon, coming in at 15%.

BTC/USD returned to $94,000 after Monday’s Wall Street open, going on to see its highest levels since mid-November.

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This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

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