Stock to Flow
Bitcoin
The Stock-to-Flow ratio compares Bitcoin's existing supply (stock) to its annual new issuance (flow).
Why it matters
It quantifies scarcity — how many years of issuance equal the current supply.
How it is built
Circulating supply is divided by the annual mined issuance.
What to watch
Rising Stock-to-Flow after each halving underpins the scarcity-based valuation thesis.
Measured on this chain
Stock to Flow on Bitcoin last read 123.94 on Aug 24, 2026, a change of -2.75% over 30 days, ranging from 88.96 (Feb 15, 2026) to 178.74 (Jan 24, 2026).
- Latest reading
- 123.94
- Aug 24, 2026
- Change
- 1d -4.22%
- 30d -2.75%
- 90d -1.92%
- 1y +16.44%
- Range
- Low 88.96·Feb 15, 2026
- High 178.74·Jan 24, 2026
- Coverage
- Jul 19, 2024 — Aug 24, 2026
- 767 readings
| Date | Value |
|---|---|
| Aug 13, 2026 | 120.52 |
| Aug 14, 2026 | 118.09 |
| Aug 15, 2026 | 121.35 |
| Aug 16, 2026 | 109.3 |
| Aug 17, 2026 | 111.37 |
| Aug 18, 2026 | 118.1 |
| Aug 19, 2026 | 143.07 |
| Aug 20, 2026 | 138.57 |
| Aug 21, 2026 | 128.46 |
| Aug 22, 2026 | 118.91 |
| Aug 23, 2026 | 129.41 |
| Aug 24, 2026 | 123.94 |
Read from our own stored series, not quoted from a page.