Michael Saylor Claims Bitcoin Treasury Purchases BTC at 1.6 Times the Output of Miners
Michael Saylor stated that the amount of BTC purchased by the Bitcoin treasury company is 1.6 times the output of miners, creating a supply shock. As the treasury industry develops, the demand for BTC increases, driving up prices and improving the credit and equity positions of related companies, enabling them to raise more funds and purchase more BTC. Saylor emphasized that companies are not in competition but are cooperating in a virtuous cycle.
-- Price
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