Bitwise CIO: The amount of Bitcoin purchased by MSTR in the past 12 months exceeds the BTC production of the Bitcoin network in the next 12 months

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated on the X platform: "Microstrategy has purchased 212,000 bitcoins in the past 12 months, exceeding the amount that the Bitcoin network is expected to produce in the next 12 months (estimated at 164,000 bitcoins).

People underestimate the importance of corporate purchases of Bitcoin because they forget how scarce the supply of Bitcoin is. Corporations already hold 900,000 bitcoins, and the pace of purchases is accelerating."