CZ notes that over 20M BTC have been mined with 4.4% supply remaining, and estimates 10-20% of circulating BTC are permanently lost, reinforcing BTC's deflationary narrative.
Macro & Markets ·
Over 20.07 million BTC have been mined as of August 2026, with 4.4% of total supply remaining to be issued. CZ estimates between 10-20% of circulating BTC are permanently lost, a figure that reinforces Bitcoin's deflationary characteristics given the asset's fixed supply cap.