What is the outstanding shares supply of Bitcoin?
Paul SDec 26, 2021 · 3 years ago3 answers
Can you explain what the outstanding shares supply of Bitcoin refers to and how it is calculated?
3 answers
- Dec 26, 2021 · 3 years agoThe outstanding shares supply of Bitcoin refers to the total number of Bitcoin in circulation at any given time. It is calculated by subtracting the number of Bitcoin that have been permanently lost or destroyed from the total supply. This metric is important because it helps determine the scarcity and value of Bitcoin. As of now, the outstanding shares supply of Bitcoin is approximately 18.7 million coins.
- Dec 26, 2021 · 3 years agoThe outstanding shares supply of Bitcoin is the number of Bitcoin that are currently in circulation. It does not include Bitcoin that have been lost or destroyed. This metric is important for investors and traders as it affects the supply and demand dynamics of Bitcoin, which in turn can impact its price. The outstanding shares supply of Bitcoin is constantly changing as new coins are mined and lost coins are subtracted from the total supply.
- Dec 26, 2021 · 3 years agoThe outstanding shares supply of Bitcoin is a key metric that reflects the number of Bitcoin available for trading. It is calculated by subtracting the number of Bitcoin that have been permanently lost or locked in wallets from the total supply. This metric is important for understanding the liquidity and market dynamics of Bitcoin. As of now, the outstanding shares supply of Bitcoin is approximately 18.7 million coins. At BYDFi, we provide real-time data on the outstanding shares supply of Bitcoin and other cryptocurrencies to help traders make informed decisions.
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