Bitcoin Mining Can’t Keep Up: Companies Buying at Quadruple Pace - Report

According to data from River, companies and funds are gobbling up bitcoin at a rate that far outstrips new supply from miners. If these flows hold, the market’s available coins could shrink quickly...

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Bitcoin Mining Can’t Keep Up: Companies Buying at Quadruple Pace - Report

Source: Bitcoinist.com

According to data from River, companies and funds are gobbling up bitcoin at a rate that far outstrips new supply from miners. If these flows hold, the market’s available coins could shrink quickly, pushing liquidity into the hands of a few big buyers. Related Reading: Unexpected Bitcoin Player: Japanese Nail Salon Targets $3-B In BTC […]