Bitcoin now deflationary due to Strategy's BTC purchases

Bitcoin now deflationary due to Strategy's BTC purchases — Analyst

Strategy, a Bitcoin BTC BTC - $108887.405 treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju."Their 555,000 BTC BTC - $108887.405 is illiquid with no plans to sell," the analyst wrote in a May 10 X post.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-10 18:12:01 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $108887.405

Volume 24h: $51,882,459,257.73

Market Cap: $2,163,508,356,090.99

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,225. The last known price of Bitcoin is 108,951.17332458 USD and is down -0.85 over the last 24 hours. It is currently trading on 12185 active market(s) with $53,103,588,411.24 traded over the last 24 hours. More information can be found at https://bitcoin.org/.