Bitcoin MAJOR SUPPLY SHOCK IS COMING ๐จ๐จ
Mining:
New bitcoins mined daily: About 450 (after April 2024 halving)
Mining becoming less profitable
Yearly new supply: Around 164,250 BTC
๐Demand:
Institutional investors bought: 859,454 BTC in 2024
ETFs hold: 1.4 million BTC
Public companies added: 297,673 BTC in 2024
Summary: More bitcoin is being bought than new created.
This data is of last year before Trump
๐ Follow me for more updates
{spot}