Bitcoin Scarcity Goes Turbo Thanks to Strategy!

Strategy is accelerating Bitcoin scarcity by buying more than half of all newly mined BTC each month.

Danielle du Toit
April 28, 2025

Here's what we've got for you today:

Strategy is accelerating Bitcoin scarcity by purchasing more than half of all newly mined BTC each month.

Strategy is buying more than half of newly mined Bitcoin. In fact, the company buys about 2,087 BTC per day—far exceeding the global mining output of around 450 BTC daily.
This aggressive accumulation is making Bitcoin much scarcer, and could potentially lead to high premiums and very expensive BTC lending.
If Strategy continues this pace alongside growing demand, a major Bitcoin supply crunch could occur, driving Bitcoin prices much higher.

World Liberty Financial signed a letter of intent to assist Pakistan with DeFi, stablecoin and real-world asset tokenization.

World Liberty Financial, backed by Donald Trump, signed a Letter of Intent with the Pakistan Crypto Council to boost cryptocurrency adoption in Pakistan.
The partnership will focus on launching regulatory sandboxes, expanding stablecoin use for remittances and trade, exploring real-world asset tokenization, and supporting decentralized finance growth.
World Liberty founders and key Pakistani officials, including the central bank governor, finance minister, and IT secretary, attended the signing meeting.

Nike was hit with a class-action lawsuit that accuses it of operating a rug pull for shuttering its NFT platform RTFKT.

RTFKT users filed a class-action lawsuit against Nike, alleging they suffered serious damages after Nike promoted its sneaker-themed NFTs and then shut down the platform.
The lawsuit claims the NFTs were unregistered securities, and accused Nike of selling them without proper registration with the Securities and Exchange Commission (SEC).
Plaintiffs argue that the NFTs’ value depended on Nike’s brand success and marketing efforts, leading investors to expect future value growth based on Nike’s reputation.

Tensions surrounding cryptocurrency are rising in Washington after Senator Jon Ossoff voiced support for impeaching President Donald Trump.

SEC Commissioner Hester Peirce recently compared the US crypto regulatory environment to playing "the floor is lava" in the dark, and described how firms must carefully navigate unclear legal risks without directly engaging with crypto assets.
Meanwhile, Senator Jon Ossoff voiced his support for impeaching President Donald Trump, due to his association with the Official Trump meme coin.
Ossoff acknowledged that impeachment efforts are unlikely to succeed unless Democrats regain control of Congress in the 2026 midterm elections.

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