coin-img-ETHETH+4.23%coin-img-BTCBTC+3.05%coin-img-SOLSOL+4.58%coin-img-XRPXRP+3.80%coin-img-WPWP-34.72%coin-img-CRKCRK+0.00%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE+4.95%coin-img-ETHETH+4.23%coin-img-BTCBTC+3.05%coin-img-SOLSOL+4.58%coin-img-XRPXRP+3.80%coin-img-WPWP-34.72%coin-img-CRKCRK+0.00%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE+4.95%coin-img-ETHETH+4.23%coin-img-BTCBTC+3.05%coin-img-SOLSOL+4.58%coin-img-XRPXRP+3.80%coin-img-WPWP-34.72%coin-img-CRKCRK+0.00%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE+4.95%coin-img-ETHETH+4.23%coin-img-BTCBTC+3.05%coin-img-SOLSOL+4.58%coin-img-XRPXRP+3.80%coin-img-WPWP-34.72%coin-img-CRKCRK+0.00%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE+4.95%

20 Millionth Bitcoin Mined; U.S. Inflows and MicroStrategy STRC Premium Fuel 8.09% BTC Rally

The 20 millionth Bitcoin was recently mined, bringing the cryptocurrency closer to its 21 million supply cap, as reported by Odaily Planet Daily. This milestone coincides with Bitcoin's 8.09% price increase since February 24, contrasting with gold's 0.42% slip. The rally is attributed to robust U.S. spot Bitcoin ETF inflows, with significant single-day inflows observed between February 24 and March 4, followed by minor net outflows on March 5-6, and subsequently renewed net inflows over the past two days. Additionally, MicroStrategy's preferred stock, STRC, has traded at a premium for four consecutive sessions with record volumes, channeling an estimated $130 million to $180 million into Bitcoin over the last two days, according to Odaily Planet Daily. This STRC premium enables MicroStrategy to efficiently raise capital for further BTC acquisitions.
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