Viewpoint: Bitcoin is in a 'deflationary' state, and Strategy's purchasing speed is faster than miners' mining speed

BlockBeats News: On May 10th, CryptoQuant founder Ki Young Ju posted that Bitcoin is deflationary. The speed at which Strategy purchases BTC is faster than the mining speed of Bitcoin miners. The 555000 BTC they hold are illiquid and have no plans to sell. The holding of MSTR alone means an annual deflation rate of -2.23%, and with the addition of other stable institutional holders, the deflation rate may be even higher.