AI Evaluation Notes

MicroStrategy has continued to hold and even increase their Bitcoin holdings. The effect of this strategy on the overall Bitcoin supply is difficult to precisely quantify, but it is reasonable to say that removing a significant amount of Bitcoin from active trading does impact the available supply. MicroStrategy holds 673,783 bitcoins as of January 5, 2026. This represents more than 3% of Bitcoin's total supply. Bitcoin's price has been rangebound between $85,000 and $95,000 for much of December 2025. As of January 5, 2026, MicroStrategy's average cost per bitcoin is around $75,026. While the exact impact is hard to measure, their 'hold' strategy has had a noticeable impact. Thus, somewhat accurate.