Bitwise Chief Investment Officer Matt Hougan said on the X platform: "Microstrategy has purchased 212,000 bitcoins in the past 12 months, exceeding the number of bitcoins that will be produced by the Bitcoin network in the next 12 months (estimated to be 164,000).
People underestimate the importance of corporate bitcoin purchases because they forget how few bitcoins there are. Corporations already own 900,000 bitcoins and their purchasing speed is accelerating."