Bitwise CIO: The number of Bitcoins MSTR has purchased in the past 12 months exceeds the BTC production of the Bitcoin network for the next 12 months
Bitwise Chief Investment Officer Matt Hougan said on the X platform: "Microstrategy has purchased 212,000 bitcoins in the past 12 months, exceeding the number of bitcoins that will be produced by the Bitcoin network in the next 12 months (estimated to be 164,000).
People underestimate the importance of corporate bitcoin purchases because they forget how few bitcoins there are. Corporations already own 900,000 bitcoins and their purchasing speed is accelerating."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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