Bitcoin: Demand Outpacing Supply
According to figures from Bitcoin River, companies have been purchasing approximately 1,755 BTC per day in 2025, while miners are only producing 450 per day. In other words, demand is four times higher than supply. Logically, one might expect the price of bitcoin to skyrocket under these conditions. Yet, this isn’t happening. Several factors explain this situation.
First, we must consider that some investors may be tempted to sell their bitcoins at certain price levels, particularly those who bought at lower levels. This effectively moderates the price increase.
Additionally, bitcoin production has indeed decreased to 450 units per day, which is positive for market equilibrium. However, this remains insufficient to satisfy the growing appetite of corporations.

Heading Toward a Trend Reversal?
Furthermore, treasury companies have managed to accumulate 1.3 million bitcoins to date. With major players like Michael Saylor, who currently holds 632,457 BTC, the market is already well-supplied.
However, the purchasing pace now appears to be slowing down. This is partly explained by the pressure on stocks related to holding bitcoin, making it more difficult to acquire new positions.
Ultimately, the question is whether the bitcoin market will continue its bullish momentum in 2025 or if it’s time for consolidation. Despite a $17,000 drop from its all-time high, bitcoin currently holds steady around $107,400.
Faced with these uncertainties, investors will need to exercise increased caution and analysis to navigate this volatile market. But one thing is certain: Corporate appetite for bitcoin shows no signs of weakening.
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