🚨LATEST: SAYLOR'S STRATEGY DROVE MOST OF Q1 CRYPTO INFLOWS AS RETAIL AND INSTITUTIONS STEPPED BACK Michael Saylor's (@saylor) Strategy (@MicroStrategy) was among the few consistent Bitcoin $BTC buyers in Q1 2026, JPMorgan analysts said. Corporate treasury purchases and crypto VC funding carried most of the quarter's $11 billion in digital asset flows. However, some smaller companies sold bitcoin holdings to fund share buybacks. Strategy funded its bitcoin purchases primarily through equity issuance during the quarter. Retail and institutional investors were largely sidelined. JPMorgan analysts noted other corporate treasuries retained a "defensive stance" on bitcoin.