The Strategy company is accumulating Bitcoin at a rate exceeding the daily output of miners, making Bitcoin an asset with a yearly deflation rate of -2.33%. CryptoQuant CEO Ki Young Ju stated that the company holds 555,000 Bitcoins with no plans to sell, further constricting market circulation. Co-founder Michael Saylor is bringing traditional financial capital into the Bitcoin market through issuing debt and stock. Additionally, many hedge funds, pension funds, and tech companies are also allocating Bitcoin as an asset. However, sovereign wealth funds are still waiting for the United States to implement a clear regulatory framework before increasing their investment efforts.