Michael Saylor: Financial companies' purchase of Bitcoin creates a supply shock
2026-10-30 19:46:02
According to CoinMeta, the Michael Saylor of Strategy indicates that the amount of Bitcoin purchased by financial companies is 1.6 times that produced by mining, creating a supply shock. He pointed out that as the financial industry develops, so does the demand for Bitcoin, which drives up prices and improves credit and equity, allowing them to raise more funds and purchase more Bitcoin. He emphasized that there is not a competitive relationship among financial companies, but rather a cooperative one, where everyone develops together in a virtuous cycle.
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