Bitcoin's rally could revive treasury buying, but the easy-money days are over. The bid can return, just narrower and more price-sensitive without free liquidity. $BTC needs actual treasury flows to c

What happened: Analysts told Cointelegraph that corporate Bitcoin treasury buying slowed sharply in Q3 and could reaccelerate toward the end of 2026 and into 2027 if Bitcoin rallies, though investors are expected to be more selective. Key numbers: Strategy added a net 1,666 BTC in Q3, down from 83,901 BTC in Q2. Why it matters: Bitfinex's Jag Kooner said a rally could restart buying if treasury companies regain premiums to their Bitcoin holdings, but a return to last year's indiscriminate capital raising looks unlikely. Kooner expects capital to favor established players first.

Analysts told Cointelegraph that corporate Bitcoin treasury buying slowed sharply in Q3 and could reaccelerate toward the end of 2026 and into 2027 if Bitcoin rallies, though investors are expected to be more selective.

Bitfinex's Jag Kooner said a rally could restart buying if treasury companies regain premiums to their Bitcoin holdings, but a return to last year's indiscriminate capital raising looks unlikely. Kooner expects capital to favor established players first.