According to CoinMeta, Strategy founder Michael Saylor stated during the third-quarter financial report conference call in 2026 that Bitcoin has gone through a bear market for about a year and is currently rebounding from near the 200-week moving average, with the potential for a bull market that could last 2 to 3 years in the future. He pointed out that Bitcoin's market value has risen to about 67% of the entire crypto asset market, institutional demand is returning, and banks have also begun to accept Bitcoin. In the third quarter, there was a net inflow of about $6.3 billion into Bitcoin, which he viewed as a positive sign. Saylor believes that digital credit and bank lending are expected to absorb all of the new supply of Bitcoin, while the expansion of money supply, institutional funds, asset tokenization, and the halving in 2028 will also continue to drive demand for Bitcoin.