š“ Michael Saylorās Bitcoin Gobbling
š The chart above shows the total Bitcoin supply after subtracting the purchases by [Micro]Strategy (owned by Michael Saylor).
āŗļø As evident, since late 2024, this buying pressureārelative to supplyāhas been so intense that it has turned the curveās slope negative.
āŗļø In simple terms, the buying and accumulation of Bitcoin by Michael Saylorās company alone has caused negative inflation, or a reduction in the supply trend, for this asset.
š° So, this guy isnāt just all talkāheās a key player in what he preaches. He must see some potential in this asset, out of reach from money-printing governments, that heās so greedily devouring Bitcoin.