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

People underestimate the importance of corporate Bitcoin purchases because they forget how scarce the quantity of Bitcoin is. Companies already hold 900,000 bitcoins, and the rate of purchase is accelerating."