The total supply of Bitcoin has exceeded 19,8 million coins, indicating that the first and main kriptovalyuta is approaching its maximum supply limit of 21 million BTC.
Bitcoin's supply mechanism has always been one of its defining features, as the limited supply creates a shortage. More than 94% of all BTC have been mined to date, and less than 1,2 million BTC will remain to be generated in the coming years. According to the mathematical protocols, this will happen in 2140.
According to timechainindex.com, individual holders, institutional investors, and governments collectively own the majority of Bitcoin in existence.
Among them are long-term holders or “hodlers” who have maintained their positions during cryptocurrency volatility, highlighting their strong belief in the cryptocurrency’s value proposition.
This belief is based on the fact that, unlike fiat currencies, which central banks can print indefinitely, the Bitcoin network operates on a strict supply schedule. Every four years, the mining reward is halved, as is the coin production. Next halving , scheduled for 2028, will reduce the reward from 3,125 BTC per block to 1,5625 BTC.
With only 1,2 million BTC left to be mined, the debate about the sustainability of BTC and its place in the global financial system is intensifying. More and more people are becoming aware of Bitcoin’s unique economic model, understanding its future role in a rapidly digitalizing global economy.
