Jesse Myers, the Bitcoin strategy director at Moon Inc., stated that Bitcoin (BTC) holders underestimate the amount of Bitcoin that companies will accumulate by 2045.
Jesse Myers mentioned in a post on X on May 23: "Bitcoin reserve companies will hold 50% of all BTC, which far exceeds the expectations of most Bitcoin holders."
Myers further predicted that Michael Saylor's Strategy company will own Bitcoin worth $70 trillion by 2045, "making it the most valuable company in world history." As of the time of writing, according to Saylor Tracker data, Strategy holds 576,320 Bitcoins, valued at approximately $62.24 billion.
Myers stated, "To provide some context, there is $1 quadrillion in asset value worldwide." He added that Bitcoin only accounts for 0.2% of that. He explained that as half of the global capital is essentially seeking the best store of value, more capital will "seep into" Bitcoin over time.
He said, "The withdrawal from fiat assets (bonds and currencies) has already begun over the past two years. Hard currency assets (Bitcoin and gold) are the direction in which funds are shifting."
Myers noted that about $318 trillion in capital within bonds is "looking for greener pastures." He said that this capital is mostly locked in fixed-income institutional instruments with "strict mandates."
Myers stated, "This is where Bitcoin reserve companies come into play."
"In the coming decades, reserve companies will become the main bidders for BTC, deploying large amounts of value-storing capital into BTC."
While Strategy has been accumulating Bitcoin since 2020, other reserve companies are also beginning to emerge.
On April 24, Twenty One Capital was established, a Bitcoin reserve company led by Strike founder Jack Mallers, supported by Tether, SoftBank, and Cantor Fitzgerald. The company aims to become "the preferred tool for investors seeking capital-efficient Bitcoin exposure."
Meanwhile, the Japanese company Metaplanet, focused on accumulating Bitcoin, announced on May 1 that it will establish a subsidiary in the United States.
According to Bitbo data, publicly traded companies, private companies, ETFs, and national entities collectively hold 3.23 million BTC, valued at approximately $348.25 billion.
Related: Washington makes progress in the cryptocurrency space: Stablecoin and blockchain legislation shows regulatory momentum
Original article: “Industry Executives: Bitcoin (BTC) Reserve Companies Will Hold 'Far More' Than Bitcoin Holders Expect”
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。