Bitwise and UTXO Forecast Institutional Bitcoin Surge by 2026
- Prediction of major institutional Bitcoin acquisition by 2026.
- Current ownership trends inspired by MicroStrategy.
- Expected impact on Bitcoin’s liquidity and price.

Bitwise Asset Management and UTXO Management predict that by 2026, institutional and nation-state holdings of Bitcoin will reach 4.27 million BTC, roughly $427 billion at current prices. Key insights are led by Bitwise’s Matt Hougan.
This forecast signifies a potential shift in Bitcoin’s market dynamics, bolstering its role as a reserve asset and impacting liquidity and pricing structures.
Bitwise Asset Management and UTXO Management have unveiled predictions of large-scale Bitcoin acquisition by institutions and nation-states. The forecast aligns with historic Bitcoin treasury trends and reflects increasing corporate interest. Matt Hougan anticipates a “treasury revolution,” with numerous companies acquiring Bitcoin as a reserve asset. “I predict a treasury revolution, forecasting hundreds of companies to buy Bitcoin as a reserve asset within 18 months… Only a few public companies (like MicroStrategy, Tesla) have taken the plunge so far, but the next wave of adoption will be much bigger,” said Hougan.
The projected participation is poised to impact Bitcoin’s liquidity and induce considerable market movements. Expect broader crypto market shifts, primarily affecting Bitcoin. The forecast suggests further adoption may pressure liquidity, potentially driving prices higher. Historical patterns align with this view, indicating potential sustained price increases and increased on-chain activity. Interested parties should anticipate regulatory review as strategies evolve.