Episode Details

BlackRock and Michael Saylor are now competing for the same Bitcoin supply, and that supply is disappearing in real time. Over 1.6 million BTC is already controlled by just two entities, while long-term holders and institutional buyers continue removing coins from circulation.

This is not a typical market cycle driven by demand. It's a structural supply shock. As available Bitcoin vanishes, liquidity tightens and price discovery accelerates. When there are no sellers left, the market doesn't grind higher - it reprices.

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