Bitwise Research Head Predicts Corporate Bitcoin Buying Surge by Year-End
Bitwise's Matt Rasmussen anticipates a potential resurgence in corporate Bitcoin purchases by the end of the year.
Bitwise's Matt Rasmussen anticipates a potential resurgence in corporate Bitcoin purchases by the end of the year. Bitcoin (BTC) is trading at ₹77,33,377 ($81,359.00). This is an original Token Times brief based on reporting by Bitcoin Sistemi, with live market data added, as of Tue, 20 Oct 2026 09:00:01 UTC.
Corporate Bitcoin purchases can significantly influence market dynamics and investor sentiment, potentially driving demand and price appreciation.
- Corporate Bitcoin buying slowed in Q3 but may rebound by year-end.
- Bitcoin's price is currently $81,410, down 1.50% in the last 24 hours.
- Market sentiment remains in 'Greed' territory despite recent price dip.
- Analyst Predicts Bitcoin Surge to $175K Amid Market Evolution
- Bitwise CIO Predicts Bitcoin's Resilience Across Economic Scenarios
- Bitwise CIO Predicts Bitcoin Rally from AI Bubble Consequences
- Arthur Hayes Predicts AI Bubble Burst and Bitcoin Surge
- Analyst Predicts Bitcoin Could Surge to $95,000 by November 3
- Bitwise Research Head Predicts Corporate Bitcoin Buying Surge by Year-End — this brief
Bitwise Research Head Matt Rasmussen has indicated that the third quarter saw a significant slowdown in corporate 
Bitcoin purchases, which could be poised for a resurgence by the end of the year.
Rasmussen's analysis suggests that the factors contributing to the Q3 slowdown may be temporary, and corporations could return to accumulating Bitcoin as part of their balance sheets in the coming months.
This potential shift in corporate strategy comes at a time when Bitcoin's price is experiencing a minor downturn, currently trading at $81,410, a 1.50% decrease over the past 24 hours.
The broader cryptocurrency market is also facing a downturn, with the total market cap at $2.79 trillion and a 'Greed' sentiment level of 55 on the Fear & Greed Index.
The anticipated increase in corporate Bitcoin purchases could provide a boost to the market, potentially leading to increased demand and price stabilization or growth.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹77,38,224.92$81,410.00 to ₹77,33,377.24$81,359.00 — -0.06%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $87,500 in October?
Crowd-implied probability on Polymarket, ₹6.96M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 20 08:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.46M (about $81,359.00), down 1.7% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitwise Research Head Predicts Corporate Bitcoin Buying Surg — questions & answers
Why did corporate Bitcoin purchases slow in Q3?
The slowdown was due to various market factors, though specific reasons were not detailed in the report.
What could drive corporate Bitcoin buying by year-end?
Rasmussen suggests that temporary factors causing the Q3 slowdown may dissipate, leading to renewed corporate interest.
How might increased corporate Bitcoin purchases affect the market?
It could boost demand and contribute to price stabilization or growth.
How much is 1 Bitcoin worth in rupee today?
About ₹8.46M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,359.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.06% since this brief first published — trading at ₹77,33,377 ($81,359.00) now versus ₹77,38,225 ($81,410.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.