Andre Dragosch, the head of European research at Bitwise, expressed his views on social media, stating that the current state of Bitcoin market supply shortage is far more serious than what the public knows. He pointed out that corporate purchases alone have absorbed almost all of the newly produced Bitcoin supply, equivalent to approximately 164,000 BTC. Dragosch further emphasized that this analysis does not take into account the purchasing demands of other key market participants such as ETFs, governments, trading platforms, and decentralized finance (DeFi) sectors. The combined effect of these factors makes the Bitcoin supply shortage issue appear even more severe than most people anticipate.