The Great Bitcoin Squeeze Begins

Institutional Accumulation Outpaces Supply

Cold hard data from Bitcoin Historian reveals public companies added 12,400 BTC to their treasuries last week. That’s equivalent to swallowing 58% of all existing liquid supply annually at current rates. Meanwhile, miners produced just 3,150 new coins - meaning institutions absorbed nearly four times the fresh supply.

Why this matters: We’re witnessing the early stages of a supply crisis. With ETFs approved and halving approaching, available coins are being vacuumed up faster than Satoshi’s algorithm can print them.

Mining Math Meets Corporate Demand

Let’s do some napkin math (the kind we INTJs love):

• Weekly mining output: 3,150 BTC (\(215M at \)68k/BTC)
• Corporate buys: 12,400 BTC ($843M)
• Net deficit: 9,250 BTC weekly

At this rate, annualized corporate demand would consume 644,800 BTC versus new supply of just 163,800 - creating a yawning 481,000 BTC gap.

The Coming Supply Shock

This isn’t just numberwang. Basic economics suggests:

1. Fixed issuance schedule (halving in April 2024)
2. Rising institutional demand
3. Shrinking exchange reserves (down 33% since 2020)

Translation? The much-hyped ‘supply shock’ isn’t coming - it’s already here. My London banker friends are calling it ‘The Great British Bitcoin Buy-Up’ (though Americans are leading the charge).

What This Means For Your Portfolio

While I don’t give financial advice (regulators, please note), the data suggests:

• Increased volatility as buyers chase limited supply
• Potential premium for long-term holders (‘HODL premium’)
• Upward pressure on transaction fees during demand spikes

The market hasn’t fully priced this structural shift yet. As someone who survived both Crypto Winters and absurd London housing prices, I’d suggest keeping one eye on these accumulation patterns.