Michael Saylor, CEO of MicroStrategy, has highlighted a significant imbalance in the Bitcoin market, where institutional investors are purchasing more Bitcoin than is being mined. According to a report by River, institutional and corporate entities are acquiring 3,635 BTC daily, while only 450 BTC are mined each day. This discrepancy is contributing to upward pressure on Bitcoin's price.
Saylor predicts that Bitcoin could reach $180,000 by 2025 before experiencing a market correction. He advocates for Bitcoin as the ideal digital reserve asset, suggesting it could serve as the foundation for a more efficient financial system.
Institutional Demand for Bitcoin Surpasses Daily Mining Supply
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