"Bitcoin's Peak!!! 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 expected 328,125 BTC to be mined in the next halving period. This comparison highlights the profound impact of institutional investors in the Bitcoin ecosystem.
The Bitcoin halving mechanism is a decisive economic design, occurring every 210,000 blocks, reducing block rewards 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 upcoming halving period is just a portion of MicroStrategy's holdings.
Since 2020, MicroStrategy has become a model for cryptocurrency adoption in the corporate world with its strategy of "Bitcoin as a core asset." As of December 22, 2024, the company has accumulated over 440,000 bitcoins at an approximate cost of $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, reflecting strong confidence in Bitcoin's long-term value.
When institutional strong buying collides with the economic logic of scarcity, the future trajectory of Bitcoin may be quietly rewritten. If you are also interested in Bitcoin's next steps, be sure to follow Mr. Qiu, who will take you on a journey to explore more exciting insights!