"The Peak of Bitcoin!!! MicroStrategy's Holdings Have Surpassed Future Mining Total"
MicroStrategy's Bitcoin reserves have once again attracted market attention! Braiins Mining CEO Eli Nagar pointed out that MicroStrategy currently holds 444,262 Bitcoins, which exceeds the estimated 328,125 BTC that will be mined in the next halving cycle. This comparison highlights the profound impact institutional investors have on the Bitcoin ecosystem.
The Bitcoin halving mechanism is a decisive economic design that occurs every 210,000 blocks, reducing the block reward to enhance scarcity. On April 20, 2024, the block reward will decrease from 6.25 BTC to 3.125 BTC, and the 328,125 BTC expected to be produced by miners in the future halving cycle is only a portion of MicroStrategy's holdings.
Since 2020, MicroStrategy has become a model for corporate adoption of cryptocurrency with its strategy of treating Bitcoin as a core asset. As of December 22, 2024, the company has accumulated over 440,000 Bitcoins for approximately $27.7 billion, with an average purchase price of $62,257. Moreover, its latest acquisition shows that the average price per coin has exceeded $100,000, demonstrating a strong confidence in Bitcoin's long-term value.
When the strong buying from institutions collides with the economic logic of scarcity, the future direction of Bitcoin may be quietly rewritten. If you are also interested in the next steps for Bitcoin, be sure to follow Mr. Qiu as he takes you to explore more exciting insights!
