MicroStrategy CEO reveals why Bitcoin is about to hit $125,000 by November
Key Points
- Corporations are buying 1,755 Bitcoin daily while miners onl...
Michael Saylor just dropped some math that should make every Bitcoin holder smile wider than someone finding money in their old jacket pocket. According to his latest CNBC appearance, corporations are gobbling up 1,755 Bitcoin daily while ETFs are munching another 1,430 BTC, but miners are only producing 900 coins per day.
Even your high school economics teacher could tell you what happens when demand outpaces supply by nearly 300%.
The Great Bitcoin Disappearing Act
The numbers paint a picture clearer than your browser history after you clear it. Bitcoin's trading between $111,369 and...
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