The 20 millionth Bitcoin has been mined, marking a significant milestone as only 1 million coins remain until the 21 million supply cap is reached. Since February 24, Bitcoin's price has surged by 8.09%, driven by institutional inflows and geopolitical tensions, notably the Iran conflict. In contrast, gold has seen a 0.42% decline, suggesting a shift in capital from traditional to digital assets. In the U.S., Coinbase's premium and consistent BTC ETF inflows highlight strong domestic demand. Notably, large inflows were recorded between February 24 and March 4, with minor outflows on March 5–6, before resuming. MicroStrategy's preferred stock, STRC, has traded at a premium, facilitating significant Bitcoin purchases estimated between $130 million and $180 million over the past two days, equivalent to 40% of a robust ETF inflow day.