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Bitcoin nears 80000 as a billionaire’s buying theory sparks fresh questions
Economy
Published on 29 April 2026
One firm is buying less now—why is Bitcoin rising anyway
Bitcoin is hovering near the 80,000 level as markets debate what’s fueling the latest push. Billionaire Michael Saylor’s Strategy has been a major buyer, but its pace has reportedly slowed due to funding pressures tied to STRC shares. Meanwhile, broader risk-on moves and macro uncertainty keep the trend anything but clear.
- Bitcoin is testing highs near 80000 again
- Strategy and Michael Saylor remain central to the buying story
- Strategy’s BTC purchases may have slowed due to STRC funding pressures
- Macro worries and wider market gains cloud the direction ahead
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times