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Bitcoin now deflationary due to Strategy's BTC purchases — Analyst

Cointelegraph.com NewsStrategy, 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%… 

​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%… 

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