Bitcoin Now a Deflationary Asset Amid Aggressive BTC Accumulation by Strategy, According to CryptoQuant CEO
9 Articles
9 Articles
Bitcoin Now a Deflationary Asset Amid Aggressive BTC Accumulation by Strategy, According to CryptoQuant CEO - TECHTELEGRAPH
CryptoQuant’s CEO says that Bitcoin is effectively a deflationary asset now that BTC is getting rapidly accumulated by Michael Saylor’s Strategy (MSTR). In a post on the social media platform X, Ki Young Ju tells his 422,200 followers that despite Bitcoin’s inflation, Strategy is now gobbling up coins at a quicker rate than what miners can produce. CryptoQuant’s data appears to show that when excluding coins held by MSTR, the supply of BTC has b…
MicroStrategy Hints at New Bitcoin Buys Amid All-Time High Hopes – #CryptoUpdatesGNIT
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has suggested the firm may be preparing for another significant Bitcoin purchase. His hint comes as Bitcoin gains fresh upward momentum, crossing the $100,000 threshold for the first time in months. Strategy’s Growing Bitcoin Bet On May 11, Saylor posted a screenshot of the company’s Bitcoin portfolio tracker on the social media platform X, accompanied by the phrase “connec…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage