PANews reported on November 26 that Bitwise Chief Investment Officer Matt Hougan said on the X platform: "Microstrategy has purchased 212,000 bitcoins in the past 12 months, which exceeds the number that the Bitcoin network will produce in the next 12 months (estimated to be 164,000). People underestimate the importance of corporate purchases of Bitcoin because they forget how small the number of Bitcoins is. Companies already have 900,000 Bitcoins, and the pace of purchases is accelerating."