Industry experts and analysts have begun to speak about the supply shock, as demand for BTC significantly exceeds supply.

On November 21, ETF Store President Nate Geraci noted that nearly 20 million BTC have already been mined, between four and five million have been 'lost', and one million is in Satoshi's wallets. Moreover, Bitcoin ETFs currently hold one million BTC, and MicroStrategy is on track to acquire 400,000 BTC.