News
Significance:
8/10

Businesses are absorbing Bitcoin 4x faster than it is mined: Report

https://cointelegraph.com/news/businesses-absorbing-btc-4x-faster-mined

Vince Quill

Mentions

Sentiments

Target
Sentiment
Comment
Bullish
Businesses are absorbing Bitcoin at a rate significantly higher than production, potentially triggering a supply shock and driving prices up.
Bullish
Strategy's rapid accumulation of Bitcoin is seen as synthetically halving Bitcoin, contributing to supply scarcity.