#BTC资金流动性 Michael Saylor recently revealed an interesting set of data: MicroStrategy has invested a total of $50 billion and currently holds 671,268 Bitcoins, accounting for 3.2% of the entire Bitcoin circulating supply. From another perspective, investing another $50 billion might only allow for the purchase of another 1% of the circulating supply — this is a true reflection of how fierce the rise of the king of coins has been. He publicly stated his desire to increase the holdings ratio to 5-7.5%, which actually reflects the current state of Bitcoin liquidity: the truly liquid chips have been mostly locked up by institutions and core players. The more money you throw in, the lower the efficiency becomes.