GateUser-78b1ce12

The idea of #MichaelSaylor buying 2 $BTC for every 1 mined sounds very impressive. However, it does not point out a crucial change in the dynamics of supply on the #Bitcoin market.
Indeed, after Bitcoin's halving, the mining rate has dropped sharply, and only 450 BTC are minted on average per day. The absorption of part of this supply by institutional buyers, including Michael Saylor and ETFs, implies that there can be supply tightening in the market.
However, we are still pretty far away from the supply shock, but we are definitely getting closer to it.
Why? Because Bitcoin keeps circulating: