Yes, and it has a honking big battery that you charge every day or so.
A card with a proposed 6 month battery life with receiver PLLs that are always spun up probably needs more battery than you can fit in a tiny thin card
That may be true when the screen is on, but from my experience scanning is not switched on in sleep modes on iPhones and most Android phones. I don't have definitive proof of this but I have never seen a modern phone be able to reliably scan whilst in sleep mode for any long period of time.
A card with a proposed 6 month battery life with receiver PLLs that are always spun up probably needs more battery than you can fit in a tiny thin card