$MSTR IS PUSHING THE END OF BTC SUPPLY BACK IN TIME. 🧵
There have been (effectively) no new
$BTC entering circulation since early 2023. Saylor has bought every single one.
But wait, it gets better, because as
$MSTR is buying more than the current new supply, that date is moving back in time, eventually reaching the date at which
$MSTR began stacking (I estimate this will occur in August 2027) and continue back in time from there.
The math:
Since
$MSTR began its Bitcoin strategy on August 11, 2020, ~ 1,554,769
$BTC have been mined.
Strategy currently holds 766,970
$BTC - ie roughly half of all the new supply produced since it began.
Bitcoin’s current issuance rate is ~450
$BTC per day.
In early 2026,
$MSTR has acquired ~88k–90k
$BTC, roughly 950–1,200 BTC/day average.
I expect them to reach a pace of about 2000
$BTC per day as
$STRC scales, putting them on track to meet this milestone in August 2027.
About seven years after they started their
$BTC strategy,
$MSTR will have acquired every single bitcoin mined since that day.
You didn’t realize it then, but the singularity began August 2020.