Strategy, a Bitcoin (BTC) treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju.
“Their 555,000 BTC is illiquid with no plans to sell,” the analyst wrote in a May 10 X post. “Strategy’s holdings alone mean a -2.23% annual deflation rate — likely higher with other stable institutional holders,” Ju continued.
Michael Saylor, the co-founder of Strategy, is an outspoken Bitcoin advocate who evangelizes the scarce digital currency to potential investors and has inspired many other companies to adopt a Bitcoin treasury plan.
The total BTC supply is shrinking due to Strategy accumulating Bitcoin. Source: Ki Young Ju
Additionally, Strategy acts as a bridge between