Institutional buying pressure outpaces miner supply, says Saylor
Bitcoin is expected to “move up smartly again” toward the end of 2025 as institutional demand continues to exceed the cryptocurrency’s natural supply, according to Strategy executive chairman Michael Saylor.
Growing institutional adoption driving demand
Speaking in a recent interview, Saylor explained that corporate adoption of Bitcoin and consistent purchases by exchange-traded funds (ETFs) are creating significant upward pressure on price. He noted that the combined daily acquisition by businesses and ETFs far exceeds the 900 new coins mined each day.
A report from River found that in 2025, businesses are buying approximately 1,755 Bitcoin per day, while ETFs are adding an average of 1,430 Bitcoin daily. This demand is nearly three times higher than the daily miner output, resulting in a growing supply squeeze.
“Companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners,” Saylor said. “That’s putting upward pressure on the price.”
Price resilience despite liquidations
Bitcoin has recently traded between $111,369 and $113,301 in the last 24 hours, with a seven-day range from $111,658 to $117,851, according to market data. Despite nearly $2 billion in trader liquidations earlier this week, analysts pointed to technical factors rather than weakening fundamentals.
Saylor believes short-term resistance and macroeconomic headwinds will eventually clear, paving the way for a rally. “As we work through the resistance of late and some macro headwinds, we’ll actually see Bitcoin start to move up smartly again toward the end of the year,” he said.
Companies strengthening balance sheets with Bitcoin
Bitbo data shows at least 145 public companies now hold Bitcoin on their balance sheets. Saylor described two types of adopters: operating companies using Bitcoin instead of dividends or buybacks, and treasury firms leveraging Bitcoin as a long-term digital reserve.
He emphasized Bitcoin’s evolving role in capital markets: “The world ran on gold-backed credit for 300 years. The world’s going to run on digital gold-backed credit for the next 300 years.”
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.