Jesse Myers, Moon Inc.’s head of Bitcoin Strategy and Jesse Myers, Moon Inc. Head of Bitcoin Strategy, says Bitcoin holders underestimate the amount of Bitcoin corporations will accumulate between 2045.
“Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for,” Jesse Myers said In a thread on May 23, X.
Myers says that Strategy plans to own 70 trillion bitcoins by the year 2025.
Myers predicted Michael Saylor’s Strategy to own Bitcoin worth up to $70 trillion.BTC( ) before 2045 “making it by far the most valuable company in the history of the world.” Strategy currently holds approximately 62.2 billion dollars worth of Bitcoins, or 576.320 bitcoins. according Saylor Tracker
Myers said, “To set the stage, there is $1,000T of asset value in the world.” Bitcoin only represents 0.2%. He said that since the majority of global capital is seeking to find the best value store, it will lead more money into the Bitcoin market. “osmotically flow” Bitcoins over Time
“Over the last 2 years, an exodus from fiat assets (bonds and money) has already begun. Hard money assets (Bitcoin and gold) are where things are shifting,” He said.
Myers estimated that around $318 trillion worth of bonds are held by investors “looking for greener pastures.” The majority of capital in these institutions is fixed income. “strict mandates.”
“That’s where Bitcoin Treasury Companies come in,” Myers said.
“Treasury Cos will be the primary bidders for BTC over the coming decades, deploying an ocean of SoV capital to BTC.”
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Strategy is a treasury company that has accumulated Bitcoins from 2020.
Twenty One Capital was formed on April 24th, which is an Bitcoin treasury company led by Strike founder Jack Mallers SoftBank Cantor, Tether and Cantor are supporting this project. It is aiming to be the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.”
According According to Bitbo, public and private companies as well as ETFs and nations-states hold collectively 3.23 millions BTC valued at $348.25 Billion.
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Source: cointelegraph.com
