Re: Everything you wanted to know about Bitcoin Strategic Reserve
⭐ Merited by JayJuanGee (1)
Bitcoin treasury companies are buying 3x the daily mining issuance.
Not just treasury companies, but every investor is aggressively holding Bitcoin. Holding Bitcoin provides more certainty in the future, and at the present time, every Bitcoin holder, including treasury companies, has got a golden opportunity to buy Bitcoin.
I can not know that how that site and people behind it can calculated or estimated lost bitcoins daily that is about 14 BTC according to the graphics.Not just treasury companies, but every investor is aggressively holding Bitcoin. Holding Bitcoin provides more certainty in the future, and at the present time, every Bitcoin holder, including treasury companies, has got a golden opportunity to buy Bitcoin.
It is only possible to use very long time of inactive UTXOs for estimation on possible lost bitcoins but for very newest UTXOs, it's impossible and irrelevant to use them for lost bitcoin estimations.
The figure of 14 BTC lost daily is very vague and kind of arbitrary which I can not trust its accuracy.
Lost Bitcoin: 3.7 million Bitcoin are probably gone forever.
https://charts.bitbo.io/hodl-waves/