📉 Bitcoin Supply Is Getting Squeezed Hard?
Michael Saylor’s company, Strategy, is now buying Bitcoin at 4x the rate it's being mined — around 2,100 BTC per day, compared to the ~450 BTC miners produce daily.
According to CryptoQuant’s CEO, just Strategy alone is reducing Bitcoin’s effective supply by -2.23% per year.
And that doesn’t even include other institutions hoarding BTC for the long term.
In simple terms: supply is shrinking, demand is growing, and we all know what that usually means for price... 👀