How much more BTC will be able to buy small investors?

Let's start with the MicroStrategy investment – the company bought 40724 BTC. And while this is good news for the price of Bitcoin, we are not alwaysWe think about what such investments mean. Let's take a look.

The Grayscale fund is buying more and more Bitcoin as institutions begin to realize that the dollar faces a bleak future. 

Grayscale

Grayscale Investments – one of the firstcompanies that began distributing Bitcoin to both institutional and retail investors. However, not everyone has noticed how quickly their purchase volumes are growing.

In 2017 – In 2018, their BTC reserves increasedby 9.87%. In 2018 – In 2019, inventories increased by 15.73%. From January 2020 to November 2020, the number of Bitcoins in Grayscale accounts increased by a whopping 89.39%, and now stands at 536,860 BTC (not including the first week of December).

Microstrategy

From August 2020 to December 2020, MicroStrategy purchased 40,824 BTC – approximately 7% of its total capital. 

MicroStrategy and Grayscale – These are just two companies that are widely discussed in the crypto space. However, there are others. Consider the table below.

It shows that in total these companies hold0.888 million BTC or 888,000 BTC.And this figure is steadily growing.

Key question –Will bitcoins remain for retail investors, ordinary traders?

Let's think about it.

Total supply of BTC –21 million

All that's left to mine is –2.434 million

Current turnover –18.565 million

Lost BTC –4 million

Freely available –14.565 million

So, approximately 14.5 million BTC are freely available on the market.That is, 13.66 million BTC is left for ordinary investors, right?

Not really.

We will count about bitcoins held by whales or owned by exchanges.

The wallets, which hold 10 BTC and more, hold 15.866 million BTC, it's bitcoin whales (starting fromThis amount includes lost bitcoins (about 4 million).That is, whales and exchangers own11 million BTC.

So, 11.866 million BTC out of 13.667 million BTC is held by either whales or exchanges.This means that about 1.8 million bitcoins are available to retail investors.

And although all of the above – a rough estimate that may not be entirely accurate, this estimate clearly demonstrates the fact thatBitcoin is already in short supply.

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Based on materialseng.ambcrypto.com