Conviction Buyers Lift Bitcoin Holdings to ~4M BTC, Valued Near $243B in 2026
Large, low-activity "conviction buyers" have expanded their Bitcoin holdings by nearly 300% year-to-date in 2026, reaching about 4 million BTC. The group added roughly 3 million BTC this year after gradually taking profits from February 2023 through October 2025, valuing the 2026 additions at around $243 billion at the time of analysis.