By pre -programming to get only 21 million bitcoin at all, the larger cryptocurrency model is not, by definition, contraction. After all, the new BTC is extracted every day, none of them is destroyed in the traditional sense of the word, which is the opposite of contraction.
However, the CEO of Cryptoquant explained how the strategy and its co -founder, BTC, Michael Sailor, made Bitcoin in the origins of analogy.
Is BTC shrinkage?
By definition, the contraction means that the supply of assets is designed to decrease over time. Therefore, through this interpretation, the newly arrested BTC every day (currently ~ 450 BTC/Day) does not put the cryptocurrency in that category. Someone may argue that BNB must be there because he has a burning mechanism to reduce the total from 200,000 to 100,000.
Ethereum also made some progress in this, but this is a different and controversial topic (and does not really work as I promised, at least not always).
In the BTC case, though, there is one big hero (UN) who deserves “Thank you” from Bitcoin Maxis, according to President Cryptoquant, Ki Young Ju (although he deleted the original publication with a memorandum of thanks). In the updated event, he explained that Michael Sailor, through the company that he participated in establishing, turned Bitcoin into a shrinkage because the entity “buys BTC faster than its mining.”
CQ CEO decided that the strategy strategy (yes, we get how it appears) for not selling it at any cost that has turned its huge hideout into more than 555000 BTC into an unprocesser supply. This means that MSTR holdings are equal to the annual contraction rate -2.23 % for Bitcoin. The ratio can be higher when we study other “stable institutions” who have combined the Hodl strategy.
#Bitcoin It is the shrinkage.@Stragegy Buy BTC faster than canceled. 555k btc non -liquid with no plans for sale. MSTR property alone means an annual contraction -2.23 % -well with other stable institutions. pic.twitter.com/9Vkt3idcyo
– Ki Young Go (@ki_young_ju) May 10, 2025
555,450 and count
The company started its huge accumulation in September 2020 when it was called Microstrategy and Silor was still the CEO. While Bitcoin was fighting to stay above $ 10,000 (yes, less than now from now), the business intelligence company listed on the Nasdaq Stock Exchange bought 21,454 BTC via 78,388 transactions outside the chain.
The following year, the price of Cryptocurrency rose to the highest level ever, which is approximately $ 70,000. The company continued to buy. After that, the original decreased in depth less than $ 20,000 after the FTX collapsed as well as many other industry bombing operations. The company continued to accumulate, although its hideout was now in red.
The US elections only reinforced the condemnation of the strategy, and the company now owns 555,450 BTC, at a value of $ 58 billion at current prices. This puts his property in an unreasonable profit of about $ 20 billion.
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