Institutions buy more Bitcoin than is mined

according to Coindesk, who reported an analysis by Glassnode. About a one minute read.

Comment: after the May 24th, 2020 halving 6.25 Bitcoin are mined every ten minutes. Not surprising given the scale of adoption by institutional investors and fixed rate of resupply, that prices would rise. And again, it does seem we’re early in the institutional adoption cycle.