Strategy’s estimate that 1.5% of recent U.S. bank lending could equal the market value of newly mined Bitcoin links a broad measure of credit growth to the cryptocurrency’s issuance schedule.
In an Oct. 29 investor presentation, the company compared the value of new Bitcoin output with an estimated average weekly increase in U.S. commercial bank loans and leases. The lending figure came from monthly Federal Reserve H.8 levels from May through September 2026, rather than a series of weekly readings. Strategy said the measure rose $298 billion across that span, which it translated into a $17.1 billion weeklyized average increase.
Strategy estimated that miners produced about 450 BTC a day. At its assumed price of $81,200, that pace would put new supply at roughly $256 million a week. The value is about 1.5% of the $17.1 billion estimate, the company said.
The ratio is a scale comparison: It puts broad bank lending beside the estimated dollar value of new Bitcoin. It does not measure bank purchases of BTC or lending backed by Bitcoin. Strategy described the chart as illustrative; its dollar comparison depends on both the assumed Bitcoin price and the bank-loan estimate.
Strategy Executive Chairman Michael Saylor made a related case on the company’s third-quarter 2026 earnings call, saying, “We feel like digital credit and banking credit could absorb all the new supply.” His thesis was that credit creation can support asset prices and that a small share of new lending could absorb the value of Bitcoin miners’ output.
The same call included Saylor’s outlook for a bull market lasting two to three years, which EconoTimes reported earlier. Saylor also compared the possible supply impact of Bitcoin’s halving with production reductions in oil, gold, soybeans and natural gas.
Strategy’s presentation estimates the next Bitcoin halving for April 2028. After that reduction, it projects weekly issuance of 1,575 BTC, worth about $128 million using the same $81,200 price assumption.
