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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
≈ $512B of bitcoin still purchasable at today's spot
LOST + HELD54.4%ETF + GOV + COsyncingSTILL IN PLAY29.0%UNMINED4.3%
Spoken for
69.7%
of every mined coin is locked away
Net flow
▲ 421
BTC returned yesterday
Pressure
6.0×
daily demand vs newly mined supply
The next cut
565 days
new supply drops 450 → 225 BTC/day
Galaxy Mind · Supply Clockdaily snapshot · live extrapolation resumes with the next one
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Every square · 10,000 BTC

All 21 million bitcoin that will ever exist, as 2,100 squares. The orange ones are still realistically buyable · 609 squares. Everything else is already spoken for.

IN PLAY 6.1METF+GOV+CO syncingLOST+HELD 11.4MUNMINED 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 6.09M 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 565 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 29M

Your 0.21 BTC is about 0.0000034% 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. Public-company BTC counts named holders we independently know. The feed's public-company type still carries copied and impossible rows, so summing the survivors is not a cohort. Governments and ETFs withhold the whole type when an unfamiliar row is impossible. Rows already judged impossible are left out, and the rest of that cohort still publishes. 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 (named holders we independently know, not every public-company row in the feed)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: Sat, 26 Sep 2026 00:15:12 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 September 26, 2026.
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Float milestones

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

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