Companies Compete for Daily Bitcoin Production: Michael Saylor revealed that companies building Bitcoin reserves are vying for the limited daily production of Bitcoin, currently valued at around 45 million USD. This ongoing competition emphasizes the growing scarcity of Bitcoin in the market.
MicroStrategy’s Bitcoin Holdings and Growth: MicroStrategy has capitalized on Bitcoin’s growth, achieving 124% stock growth compared to 64% for Bitcoin. With 423,650 BTC worth approximately 41.5 billion USD, they hold about 2% of the total Bitcoin supply, enhancing their market influence.
Investor Concerns Over Bitcoin Supply: The market is alerted to Bitcoin’s scarcity, with over 19 million BTC already mined. As miners may cease selling their Bitcoin, Saylor’s insights highlight the urgency for strategic accumulation in this evolving landscape.