How does bitcoin stock-to-flow work?

Let’s understand how Bitcoin stock-to-flow works as a formula. At the time of writing, Bitcoin has a stock of 18,847,331 BTC, which is 89.74% of the total supply, with an annual flow of 328,500 BTC. The number representing the stock changes every 10 minutes or so as additional blocks are mined.

What is bitcoin stock-to-flow ratio?

The stock-to-flow ratio compares the existing stock (total amount available) of a commodity to the flow of new production (amount mined during a specific year). Let’s understand how Bitcoin stock-to-flow works as a formula.

Will bitcoin's stock-to-flow halve in 2024?

The stock to flow will climb to 52, which is much closer to gold. The following halving, in 2024, will raise that number to 113 and remember - gold has stock to flow of "only" 62 and it does not have halving events. Now contrast Bitcoin's dynamic stock-to-flow with Gold's, who's stock-to-flow of 62 is not likely in increase.