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Bitcoin Faces Supply Crunch While Saylor Pushes MrBeast Into Crypto Market
As Bitcoin consolidates near unprecedented price levels, renowned corporate investor Michael Saylor is making a bold call: MrBeast should enter the crypto market with a Bitcoin position. The YouTube sensation had raised concerns about artificial intelligence threatening creator incomes, and Saylor’s response was characteristically direct—“Buy Bitcoin MrBeast.”
The Supply-Demand Tension Reshaping Bitcoin Markets
The timing of Saylor’s pitch is noteworthy. Bitcoin’s available supply on centralized exchanges has contracted to just 2.83 million coins—the tightest level in six years, according to on-chain metrics from Glassnode. This scarcity mirrors the bear market conditions of mid-2019, when BTC traded at $8,000, but with a crucial difference: current demand is substantially stronger.
Spot Bitcoin ETF flows tell the story. Last week alone, institutional capital deployed over $3.2 billion into these products, marking the second-largest weekly inflow on record. BlackRock’s IBIT dominated the inflows, capturing roughly $1.8 billion—more than half the total Bitcoin ETF activity. This institutional participation collides with shrinking exchange inventory, creating a market dynamic that resembles a shortage scenario.
Strategy’s Strategic Pause in the Accumulation Game
Interestingly, Strategy—the world’s largest corporate Bitcoin holder with 640,031 BTC valued at $79.36 billion—has temporarily halted its relentless buying campaign. The company, which sparked a corporate BTC treasury movement back in 2022, had been purchasing Bitcoin every week for eight consecutive periods. But last week, founder Michael Saylor signaled a break with a cryptic X post: “No new orange dots this week.”
Strategy’s position remains formidable. Year-to-date unrealized gains exceed $14.42 billion at current market valuations. The company’s most recent acquisition involved 196 BTC on September 29. While the pause might suggest tactical profit-taking or price reassessment, it contrasts sharply with the torrent of ETF inflows capturing institutional attention.
MrBeast’s Crypto Moves: Fact or Fiction?
Whether the YouTube mogul will heed Saylor’s advice remains unclear. However, on-chain surveillance firms have detected buying activity they attribute to MrBeast in an alternative token. Tracking firms PRIME X and Lookonchain reported positions in Aster (ASTER), suggesting MrBeast accumulated over 500,000 ASTER tokens through multiple wallet addresses.
MrBeast quickly dismissed these claims, denying both the transactions and wallet ownership through social media. The incident highlights the transparency of on-chain activity—even for prominent figures seeking privacy in their crypto market participation.
Market Dynamics and Price Positioning
Bitcoin currently trades at $95.56K after pulling back from its October peak above $126K. Despite the consolidation, the structural backdrop remains bullish: institutional demand accelerates while available supply dwindles. For content creators evaluating portfolio diversification amid AI disruption concerns, the market setup presents both opportunity and urgency—a tension Saylor’s message to MrBeast epitomizes.