Recent purchase activity from MicroStrategy, led by Michael Saylor, signals a shift in institutional cryptocurrency investment. While the company continues to accumulate significant holdings, it has recently slowed down its monthly Bitcoin purchases, raising questions about the role of institutions in driving crypto market recovery. Despite totaling over $45 million last week and exceeding 641,200 BTC acquired at an average cost of $74,047 per coin – resulting in a 26.1% year-to-date return – these purchases are significantly lower compared to past months. Analysts warn that declining institutional buying, particularly from ETFs and MicroStrategy, could hamper Bitcoin’s price recovery. Their cautious approach is likely driven by macro factors like potential regulatory changes and market volatility.