ETF and MicroStrategy Bitcoin purchases surpass 1.2 million BTC! What does this reveal about market supply?
Market data now shows that the combined Bitcoin holdings of spot Bitcoin ETFs and Michael Saylor’s MicroStrategy have officially surpassed the amount attributed to Bitcoin’s mysterious creator, Satoshi Nakamoto. This remarkable milestone was announced by Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, as the accumulation trend draws increased attention across crypto circles.