2284: $1M Bitcoin Supply Shock - Michael Saylor Is Buying Everything

A potential Bitcoin supply shock may already be forming as Michael Saylor's Strategy continues accumulating BTC at an aggressive pace. With Bitcoin's network producing only about 450 new coins per day, corporate accumulation could soon begin absorbing a significant portion of the available supply. If other corporations follow Saylor's treasury strategy, demand for Bitcoin could begin competing directly with the limited number of coins entering the market. Some analysts believe this type of imbalance could eventually trigger a major repricing cycle that pushes Bitcoin toward the $1 million level. In today's episode we also cover retail gold buying trends, Bitcoin ETF flows, questions surrounding Bhutan's mining activity, security concerns involving Coinbase Commerce, and Bitcoin testing key historical price levels as the next phase of the market cycle unfolds. For the full premium livestream experience with video, visit our Rumble at http://BitcoinNewsAlerts.net