Last week, institutional demand for Bitcoin approached four times the new supply, indicating a strong market absorption capacity and a trend of supply shortage.
Data shows that publicly listed companies have cumulatively increased their holdings by 12,400 #Bitcoin, while during the same period, miners' output was only 3,150 coins.
JUST IN: PUBLIC COMPANIES BOUGHT 12,400 #BITCOIN THIS WEEK – ONLY 3,150 WERE MINED
SUPPLY SHOCK IS PROGRAMMED. MATTER OF TIME 🚀


0
766
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.