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businessMar 24, 202624:17failed

2289: $5M BITCOIN INCOMING - BlackRock & Michael Saylor Ignite BTC Supply Crisis

About this episode

BlackRock now holds 800,000+ Bitcoin through its IBIT ETF - roughly 3.7% of the entire BTC supply.

At the same time, Michael Saylor's company Strategy controls 762,099 BTC, or about 3.6% of the total supply.

Combined, just two institutions now control more than 1.5 million Bitcoin - and there are fewer than 1 million BTC left to mine.

Meanwhile Strategy has unveiled a massive $42 billion capital program designed specifically to purchase even more Bitcoin, combining a $21B MSTR equity ATM program with a $21B STRC preferred income security program to fund future BTC acquisitions.

Some analysts say Saylor effectively "discovered oil" when he created Strategy's Bitcoin capital machine - using BTC as a virus to infect traditional finance.

As ETFs accumulate coins, corporations build Bitcoin treasuries, and sovereign investors begin exploring allocations, the available supply of Bitcoin continues shrinking.

In today's episode we break down why many believe this emerging supply shock could push Bitcoin toward $1M… $2M… and potentially $5M per coin.

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2289: $5M BITCOIN INCOMING - BlackRock & Michael Saylor Ignite BTC Supply Crisis

Bitcoin News Alerts | Daily BTC News

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