Yes, Bitcoin Will Hit $100K. No, That's Not the Point.

Bitcoin dropped the ball in October 2025, a day after it reached its all-time high. "Trump Insider-led crash," the community called it. Given the circumstances and the contentious reign of the now US president, it may not be further from the truth.

But the eyes are on the rise again. The Bitcoin price has recently seen some positive price action. The price action is choppy -- that part continues to be true. But it is ascending in a manner that continues to give a lot of people hope.

So now the question remains: Will Bitcoin see $100K in 2026? I wish the answer were as simple as many think.

Institutional Money is Good, But for How Long

If I have to point out one driver that's moving crypto money, it is institutional participation. It is big now. From BlackRock's Larry Fink to Morgan Stanley's Ted Pick, every large player that obviously has no ulterior motive whatsoever -- obviously -- is smiling and writing positive words about what Bitcoin could be.

"Bitcoin is digital gold," said Larry Fink. Taking a more cautious, regulatory-prudent tone, Ted Pick simply stated that Morgan Stanley will work with banks to deepen its involvement in crypto.

Cool words, right?

But are they?

ETF was the asset class that made these institutional giants interested in the digital asset economy. While most myopic investors, which is most of the investors, saw it as a signal that could boost Bitcoin to new heights (which it did), those who saw the writing on the wall squeezed their buttocks, holding their farts as if waiting for a smelly explosion that could destroy Bitcoin.

Why? Because while ETF did give institutions exposure to Bitcoin, it also gave them the power to short it.

And the fear is real.

The Great Bitcoin Shorting: Is It Happening?

As I searched Google to dive a bit more into this "great shortening" theory, I found something interesting. There is not one, but many institutions willing to short Bitcoin. The naive in me says they just want to hedge their bets. They are big companies after all -- why would they take any loss? But the conspiracy-addled mind says otherwise:

Corporations want absolute control over the asset. The number of BTC bought by them is proof that they control the liquidity now.

The original vision of Bitcoin, the decentralized money, is better forgotten. Unless you're a crypto bro that willingly covers their eyes and takes the leap every time a new meme coin comes out, you have to become wiser.

And when Michael Saylor, uncharacteristically, pulled back from his Bitcoin-buying frenzy and started contemplating whether it was time to cut his losses, my forehead started to sweat.

"Michael Saylor Selling BTC!!" The Horror

"But there is no need to worry," the guys from most crypto publications will tell you. "We will not be net selling," says Michael Saylor.

According to the latest interview, the patron saint of Bitcoin said that they need to pay dividends to STRC investors. If necessary, Bitcoin selling is not off the table.

I tried to dive deep into the conversation about what the game plan is. But the words were too complex and borderline political, designed to confuse people. In the end, I came away believing that there is still hope, and that what Michael has done is rational, much as other readers would have thought.

But the conspiracy-addled mind struck again, one that does NOT like crypto bros and financial analysts that are too bullish on Bitcoin. I am getting the same vibe from Saylor as I do with Robert Kiyosaki, the "Rich Dad Poor Dad" guy who treats debt like candy, completely ignoring the financial ethics that people like us -- me specifically -- don't want to go near.

Coming back to Michael, I think it would be foolish to consider the "Bitcoin selling decision" anything but innocent. Corporations move just like governments. Make a bold decision first, then try to mince words around it to lull people into a false sense of security, and then BAM, open the floodgates.

Maybe I am over-reacting, but would you trust any corporation, ever, really?

While Michael is one of the most relevant voices who made me think about relying too much on corporate involvement to help Bitcoin grow, other companies have already started to pull back. Some have done it completely.

Companies that Pulled Money From BTC Completely

Bitdeer Technologies, a company whose name literally has a Bitcoin-like tone, pulled out of BTC completely. Their reasons: data centers, cloud computing, and the development of mining equipment need more attention.

Genius Group, which started as a Bitcoin-focused education company that held 440 BTC, completely sold its stash too. Their reasons? They needed to pay their $8.5 million debt.

Prenetics Global has just been authorized to completely sell off its Bitcoin holdings. By tomorrow, its crypto vaults will be empty. Their reasons? They are running away from crypto as much as possible and have even created a policy document stating they will never invest in Bitcoin again.

Companies that are Half out

Now there are some companies that are partially out, but may engineer a full exit if volatility persists. I am kind of bored writing about the reasons, so here is just the lowdown.

MARA Holdings sold 15,133 BTC between March 4 and 25 for $1.1 billion, incurring a loss to pay down debt. Cango Inc. divested from Bitcoin, selling 4,451 BTC in February 2026 to repay a BTC-collateralized loan and fund AI compute infrastructure.

Riot Platforms sold 500 BTC in early April and is moving toward a full pivot to AI. Empery Digital sold 370 BTC, and Bhutan also sold 3,103 BTC.

AI focus is one reason, and debt repayment is another. One YouTuber said Bitcoin is overcollateralized to the eyeballs, which now feels right, considering how most companies treated Bitcoin like a mistress and, since they aren't impregnating it to generate profit, are rushing to pull out.

Will Bitcoin Reach $100K?

Now comes the meat of the question, the main reason the article started: will BTC reach $100K again?

I believe it will. The price action, although choppy, shows a rising trend if you squint your eyes enough or zoom out. The growth will be slow this time, which means by the time $100K arrives, the market won't be as excited as it once was. There will be a quiet, matter-of-fact shrug to it. People will say, "meh."

Why? Because we are now seeing the cost of relying on institutions to move the price. Michael Saylor has given the community a scare, companies that are half out are eyeing AI like a new mistress, and Donald Trump's administration has been dubiously bullish on the crypto economy, which is making everyone nervous.

What's my suggestion?

I am neither a financial analyst nor a deep crypto investor. But I am a crypto enthusiast capable of seeing the writing on the wall, one that's written in invisible ink that, surprisingly, people see but ignore. I recommend you wait for now. Keep your assets diversified and focus on tangible, strong assets that remain strong, like gold.