CZ says over 20.07M BTC has been mined, with actual circulating supply likely lower

Binance founder Changpeng Zhao said on X that Bitcoin’s cumulative mined supply had surpassed 20.07 million as of August 2026, reaching 95.6% of its maximum supply. Zhao added that only 4.4% of supply remains and estimated 10% to 20% of existing BTC has been lost or is inaccessible, leaving the tokens permanently unrecoverable. Zhao described BTC as a deflationary asset.