Best Altcoins to Buy as Strategy Turns Bitcoin Into a Premium Asset
The post Best Altcoins to Buy as Strategy Turns Bitcoin Into a Premium Asset appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Strategy (formerly MicroStrategy) currently owns an astounding 538,200 Bitcoin after it added a massive 379,800 $BTC in just the last six months. On average, the company has been acquiring 2,087 $BTC per day – a rate that far exceeds the current daily production rate of 450 $BTC, which comes to 13,500 $BTC per month. In effect, Strategy has been buying more than 4.5 times the amount of Bitcoin being mined daily. If Strategy continues its pace of BTC acquisition, it can create a Bitcoin supply crunch, where demand vastly outweighs the available supply. The natural consequence? Much higher Bitcoin prices. Keep reading to find out how institutional Bitcoin accumulation could reshape the market and why now might be a great opportunity to invest in the best altcoins to buy to benefit from this shift. Institutional Buying May Transform Bitcoin Into a Luxury Commodity By amassing such as dominant Bitcoin position, Strategy is moving toward a position where it could influence broader market trends. If institutions like Strategy control a sizable portion of Bitcoin’s fixed 21M supply, the asset may become a luxury in the future. In this environment, the $BTC cost of capital may no longer be driven by free market forces, but be increasingly shaped by the lending policies of major holders. Although this goes against Bitcoin’s decentralization ethos, it’s undeniably bullish for its price. Borrowing Bitcoin will become a luxury business reserved for nation-states and corporate whales, and Strategy will control the bottleneck. – Adam…
Filed under: News - @ April 28, 2025 3:28 pm