On November 21, Nate Geraci, president of The ETF Store, said on social media, "The total supply of bitcoins is 21 million, of which nearly 20 million bitcoins have been mined, and it is estimated that 400 to 5 million bitcoins are lost forever. Satoshi Nakamoto's address holds more than 1 million bitcoins. Spot ETFs already hold more than 1 million bitcoins. MicroStrategy (MSTR) holds 400,000 bitcoins. This is not a price prediction, but the number of bitcoins available for circulation is indeed limited."