Jack Mallers, co-founder and CEO of Twenty One Capital, told NYSE TV that he expects Bitcoin to climb much higher from current levels.
Mallers’ team has been buying aggressively, and the stash already exceeded the firm’s initial target by about 1,500 BTC.
Several high-profile figures have also made bullish calls, and their forecasts are often cited alongside Mallers’ views.
According to public remarks, BlackRock CEO Larry Fink has suggested Bitcoin could reach $700,000. Anthony Scaramucci of SkyBridge has said he expects Bitcoin to hit about $200,000 by the end of 2025.
Bill Barhydt, CEO of Abra Global, has outlined a base-case of $350,000 and a more aggressive scenario as high as $700,000.
These estimates differ in timing and method, but they share a common theme: large upside is possible if demand and adoption keep rising.
Based on reports, Mallers’ firm is joining a larger group of companies that hold Bitcoin as a reserve asset.
One important contrast is funding approach: Strategy leaned on debt to build its position, while Twenty One Capital has avoided that route so far.
Featured image from Meta, chart from TradingView