One of the craziest things right now.
It's not about how much BTC has risen.
It's that someone is really "stacking the entire network."
Strategy.
They've now acquired over 4% of the total BTC supply ⚠️
Latest data shows:
Strategy (formerly MicroStrategy)
Currently holding a number of Bitcoins,
that has exceeded:
4% of BTC's maximum supply of 21 million.
What does this mean?
It means:
In the whole world, for every 100 BTC,
more than 4 coins,
are already locked away by a single publicly traded company.
And the scariest part is:
They're not stopping.
Michael Saylor's logic is now very simple:
Financing → Buy BTC → Refinance → Buy more BTC.
Because in his eyes,
BTC is not a trading commodity.
But rather:
The most scarce digital asset in the world.
So Strategy is increasingly looking like:
A "BTC black hole."
Continuously sucking circulating chips from the market.
And issues are starting to arise.
Because the actual number of BTC that can circulate,
is not really 21 million.
Many are already:
Permanently lost
Cold storage
Long-term locked up
Held by ETFs
So when:
ETFs
Countries
Public companies
Long-term institutions
All start continuously accumulating,
The BTC that can actually be traded in the market,
is going to become less and less.
This is also why many people are starting to discuss:
"Will there be a real BTC supply crisis in the future?"
Because if long-term funds continue to lock up,
BTC may increasingly resemble:
An asset with liquidity being constantly drained.
And Strategy has now become one of the craziest players in this process.
The real question now is not:
Whether Saylor will continue to buy.
But rather:
How much BTC is actually left to buy in the market. 👀
$BTC $ETH $SOL #MicroStrategy