PANews reported on May 10 that Ki Young Ju, founder and CEO of CryptoQuant, posted on the X platform that Bitcoin is deflationary. Strategy (formerly MicroStrategy) has been buying Bitcoin faster than Bitcoin mining. They hold about 555,000 Bitcoins and are in an illiquid state with no plans to sell. This means that Strategy's Bitcoin holdings can obtain an annual deflation rate of -2.23%. The deflation rate of Bitcoin held by other stable institutional holders may be higher.
CryptoQuant CEO: Strategy purchases faster than Bitcoin mining and gains deflationary advantage
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