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Viewpoint: Bitcoin is in a "deflationary" state, where the rate of purchase by hodlers is greater than the mining rate.

2025-05-10 18:48

BlockBeats News, May 10th, CryptoQuant founder Ki Young Ju stated in a post that Bitcoin is deflationary.


Strategy's purchase of BTC is faster than Bitcoin's mining speed. The 555,000 BTC they hold is illiquid, with no selling plan. Just MSTR's holdings alone imply an annual deflation rate of -2.23%. With other stable institutional holders added, the deflation rate could be even higher.

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