Markets· ★★★· neutral·

Saylor dismisses 'paper Bitcoin' fears: 'Same 21 million cap'

  • —Saylor: STRC IPO funded the purchase of 21,021 BTC
  • —Strategy has raised over $10B and bought 122,908 BTC since July
  • —Analyst Gromen tied falling BTC returns to derivatives growth
  • —K33: futures open interest equals roughly 2% of BTC supply
Why it matters: The 'paper Bitcoin' debate shapes how the market views derivatives' impact on BTC returns and volatility.
Source: AMBCrypto