Bitcoin now deflationary due to strategy’s BTC purchases — analyst

Strategy’s institutional purchases are significantly altering Bitcoin’s market by acquiring a greater volume than mined supply, contributing to a -2.33% deflation rate.

Michael Saylor’s Strategy accumulates Bitcoin through traditional finance channels, attracting institutional interest and creating a synthetic halving effect on supply.

A potential increase in purchases from sovereign wealth funds hinges on the establishment of clear cryptocurrency regulations in the U.S., which could further elevate Bitcoin prices.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts