Story
CryptoSlate · Crypto & Web3
← Back to your feed

Strategy and Metaplanet scooped up 66% of newly mined Bitcoin last week

Bitcoin’s supply–demand balance narrowed further last week as corporate treasuries captured a dominant share of new issuance. Last week, two publicly traded firms, Strategy and Tokyo-listed Metaplanet, purchased more than $230 million worth of BTC. According to their separate announcements, their combined acquisitions, totaling 2,091 BTC, represented about two-thirds, or 66%, of all coins produced …

Read at CryptoSlate

Join the conversation

Discuss the story with the TraceFeed community.

No comments yet. Be the first to add a perspective.

Make it part of your feed.

Sign up or log in to continue.