Skip to content
How Much Bitcoin Is Left To Buy

The Bitcoin Float

Most of the 21M can no longer be bought. The falling number below is the · what's actually still up for grabs.

Partial data · one or more upstream cohorts unavailable today
⌬ The Bitcoin FloatREFILLING
Bitcoin still in play · of 21,000,000 ever
≈ $388B of bitcoin still purchasable at today's spot
LOST + HELD44.6%ETF + GOV + CO22.1%STILL IN PLAY28.8%UNMINED4.5%
Spoken for
69.8%
of every mined coin is locked away
Net flow
▲ 434
BTC returned yesterday
Pressure
6.0×
daily demand vs newly mined supply
The next cut
637 days
new supply drops 450 → 225 BTC/day
Galaxy Mind · Supply Clockdaily snapshot · live extrapolation resumes with the next one
Get an email when the float crosses a 500K BTC milestone · Down-crossings only · self-deduping
One signup · 8 alert types: gauge extremes, tier flips, strong-window forecasts, cheap mNAV, float milestones, new merchants, weekly digest, monthly roundup. Pick yours →

Every square · 10,000 BTC

All 21 million bitcoin that will ever exist, as 2,100 squares. The orange ones are still realistically buyable · 606 squares. Everything else is already spoken for.

IN PLAY 6.1METF+GOV+CO 4.6MLOST+HELD 9.4MUNMINED 0.9M
Export

Where it all lives

21 million bitcoin, accounted for · tap a row for detail.

LIVE
Tap any colored segment above to see what those coins represent + where the data comes from.
Exchange reserves sit at ~2.50M (CoinGlass), the strictest "available to click-buy this moment" subset of the 6.06M in-play headline. The rest is in active-trader wallets · liquid but not pre-listed on an order book.

The Float Over Time

Bitcoin still up for grabs, yet to be mined or bought · halving events marked

Loading chart…

The Halving Runway

Demand is already 6.0× the new supply. And it doubles on a known schedule.

demand 2,700
6.0×
450
TODAY
3.125 BTC/block
demand 2,700
12.0×
225
~2028
1.5625 BTC/block
demand 2,700
24.0×
113
~2032
0.78125 BTC/block
demand 2,700
48.0×
56
~2036
0.390625 BTC/block

Next halving in 637 days. Daily new supply drops from 450 BTC → 225 BTC. If today's absorption pace holds, the ratio doubles overnight.

*Holding demand constant is a thought experiment, not a forecast · see Methodology.

Your slice of the float

The clock above is counting down the 6.1M BTC still realistically in play. Where does your stack sit inside it?

1 part in 28.8M

Your 0.21 BTC is about 0.0000035% of the Bitcoin still in active play. Scarce company.

Conceptual only · your coins are not held in the "in play" bucket in any custodial sense, and this never leaves your browser.

Methodology & Sources

Hero number = mined − lost − governments − ETFs − public-company treasuries − long-term-holder remainder. The LTH cohort (Glassnode · coins not moved 155+ days) is overlap-adjusted before subtraction: we back out the lost / gov / ETF / treasury portions (which are themselves LTH-classified by definition) so MSTR's coins aren't double-counted. The strictest "buyable on an exchange right now" framing (~exchange reserves) appears above the breakdown for context, not as the headline.

MetricSourceLast reviewed
Mined / circulating supplymempool.space (block height)live
Government holdingsbitcointreasuries.netdaily snapshot
Spot Bitcoin ETF AUMbitcointreasuries.net (aggregate)daily snapshot
Public-company treasuriesbitcointreasuries.net (aggregate)daily snapshot
Provably lost (>7y dormant)Glassnode (lth-supply-7y derived)2026-05-11
Long-term holder baselineGlassnode lth-supply2026-05-11
Exchange reservesCoinGlass /Balance2026-05-11

Last data refresh: Thu, 16 Jul 2026 00:15:13 GMT. Slow-moving cohorts (lost, LTH baseline, exchange reserves) are reviewed quarterly and updated in src/lib/float-snapshot.ts.

Data freshness · cite this page

Last updated
Galaxy Mind, "The Bitcoin Float," https://galaxymind.space/float, accessed July 16, 2026.
Share the Supply Clock

Tell someone how much bitcoin is actually left

Opens your share sheet (or X compose) with a pre-filled message. Recipients see a live preview card with today's float number. The snapshot auto-updates when the data moves.

Keep exploring

Build the daily habitOpen today's briefing

Embed the Supply Clock →

Float milestones

Alert me when the float crosses a milestone.

Email each time the buyable bitcoin float drops below a 500K BTC round number (6.0M, 5.5M, …). Down-crossings only.

One-click unsubscribe in every email. Customize thresholds on the full signup form.

Words to stack by
"It's going up forever, Laura."
· Michael Saylor