Bitcoin Halving

Bitcoin halving is a built-in feature of the Bitcoin protocol that cuts the mining reward in half approximately every four years (every 210,000 blocks). Halvings reduce the rate of new Bitcoin issuance, slowly tightening supply over time. The 2024 halving brought block rewards from 6.25 BTC to 3.125 BTC.

Historically, Bitcoin halvings have preceded major price rallies — though correlation isn't causation, and other macro factors (interest rates, ETF flows, regulatory shifts) play significant roles.

Why it matters for Milo customers

Many Milo borrowers time their crypto-backed mortgages around halving cycles — borrowing against BTC at one cycle's low and watching collateral appreciate through the following bull run. The four-year cadence aligns reasonably well with refinance windows on long-term mortgages.

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