According to Michael Saylor, current demand from institutional investors is increasingly absorbing the available Bitcoin supply. According to Saylor, Bitcoin spot ETFs and treasury firms are buying more BTC than miners are generating in the same period – a circumstance that, according to the Strategy founder, could significantly drive the price of the leading cryptocurrency higher by the end of the year.

According to current data from Bitbo, miners generate an average of around 900 Bitcoin per day. In contrast, corporate purchases record a daily average of 1,755 BTC in 2025, while ETFs are purchasing an additional approximately 1,430 BTC daily – thus, combined, significantly more than mining produces.

The Bitcoin price currently appears rather sluggish. Currently trading at $112,000, the largest cryptocurrency has lost almost four percent compared to the previous week – a price breakout is currently elusive.

According to Michael Saylor, this is to be expected in the coming weeks and months. “I think that if we overcome the recent resistance and some macroeconomic headwinds, we will actually see another strong rally in the Bitcoin price toward the end of the year,” Saylor told CNBC.

Strategy itself is the largest Bitcoin buyer. The Bitcoin treasury firm purchased an additional 850 BTC for approximately $100 million on Monday. In total, the company now holds nearly 640,000 BTC, more than three percent of the total circulating supply. Read more here: Strategy Buys 850 Bitcoin for $100 Million

Meanwhile, more and more public companies are developing a BTC strategy, including GameStop, Rumble, Twenty One, Nakamoto, and even the Paris Saint-Germain soccer club. A company in Germany is also investing in Bitcoin as part of its financial strategy: How a German company is emulating MicroStrategy.