Statements highlighting institutional investor interest in the Bitcoin market continue to surface. CK Zheng, former global valuation risk manager at Credit Suisse, has said that the worst period for Bitcoin may be over and has predicted that the $BTC price could reach $150,000 by the end of 2027.

According to Zheng, key factors that could support a new bull cycle for Bitcoin include reduced regulatory uncertainty surrounding the cryptocurrency sector, continued institutional adoption, and the potential adoption in the US of the regulation known as the CLARITY Act. The CLARITY Act is proposed US legislation that aims to establish a clearer regulatory framework for digital assets, defining which tokens fall under securities versus commodities oversight and setting market structure rules — a step industry participants have long argued is needed for institutions to commit capital at scale.

The former Credit Suisse executive also believes that growing US government debt could increase demand for Bitcoin and gold. Zheng stated that investors may increasingly prefer $BTC and gold as hedges against the potential erosion of the dollar's purchasing power. The framing echoes the "digital gold" thesis that gained traction after spot Bitcoin ETFs were approved in the US in early 2024, which opened regulated exchange-traded exposure to institutional and retail investors. Bitcoin was trading at approximately $78,535 at the time of the statements.

On the institutional purchase side, Strategy Chairman Michael Saylor made a new announcement, stating that the company has resumed Bitcoin purchases. Strategy (formerly MicroStrategy) is the largest corporate holder of Bitcoin, having adopted the token as its primary treasury reserve asset beginning in 2020, making its purchase activity a closely watched signal for broader institutional sentiment.

According to data shared by Saylor via X, Strategy purchased an additional 4,603 $BTC for approximately $370 million. During the same period, the company increased its cash assets by $29 million, while the value of its share buybacks rose by $152 million.

Saylor also announced that as of August 30, 2026, Strategy held a total of 845,050 $BTC and $6.71 billion in US dollars in assets. The company's net leverage was reported to have decreased to 0%. The reported elimination of net leverage marks a notable shift in the company's financing approach after years of funding Bitcoin acquisitions partly through convertible debt issuances.

Based on Bitcoin's current price of around $78,535, Strategy's 845,050 $BTC have a market value of approximately $66.4 billion. If CK Zheng's target of $150,000 were achieved, the theoretical value of the company's current Bitcoin reserve could exceed $126.7 billion. Zheng's prediction is one of several long-dated price forecasts from traditional finance figures, a cohort whose participation in Bitcoin commentary has grown alongside institutional adoption — though such projections remain estimates, not assurances of future outcomes.

*This is not investment advice.