Bitcoin Treasuries: A $70T Future?
Bitcoin Treasury Companies Poised for Explosive Growth
Jesse Myers, head of Bitcoin strategy at Moon Inc., predicts a massive surge in corporate Bitcoin ownership, far exceeding current expectations. He believes that by 2045, Bitcoin treasury companies will hold a staggering 50% of all Bitcoin.
Strategy's Ambitious Target: $70 Trillion by 2045
Myers forecasts that Michael Saylor's Strategy will own $70 trillion worth of Bitcoin by 2045, making it the most valuable company in history. Currently, Strategy holds approximately 576,320 Bitcoin, valued at roughly $62.24 billion.
Myers' prediction is based on the idea that a significant portion of global capital (around $318 trillion in bonds) is seeking better store-of-value assets. He argues this capital will increasingly flow into Bitcoin, accelerating corporate accumulation.
The Rise of Bitcoin Treasury Companies
Myers highlights the role of Bitcoin treasury companies in this shift. These companies, like Strategy, act as central points for institutional investment in Bitcoin. He predicts they'll be the primary drivers of Bitcoin acquisition in the coming decades.
- Emerging Players: Alongside Strategy, new companies like Twenty One Capital (backed by Strike, Tether, SoftBank, and Cantor Fitzgerald) and Metaplanet (expanding into the US) are entering the market.
- Current Holdings: Publicly traded and private companies, ETFs, and nation-states already hold approximately 3.23 million BTC, valued at roughly $348.25 billion.
This increasing institutional adoption highlights the growing recognition of Bitcoin's value as a store of value and its potential for long-term growth. The implications for the Bitcoin market are significant, potentially leading to substantial price appreciation.
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