Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for.
To set the stage, there is $1000T of asset value in the world.
On April 24, Strike founder Jack Mallers launched Twenty One Capital. This new Bitcoin treasury company has backing from Tether, SoftBank and Cantor Fitzgerald. Its goal is to offer a “capital-efficient” way for investors to gain Bitcoin exposure. Even so, firms like this will need to find big pools of cash and move carefully in markets that aren’t always deep enough for huge buys.
Myers’s view stirs plenty of questions. Will bond managers really shift large chunks of money into Bitcoin? Can companies add millions of coins without sending prices through the roof? And how will rules from regulators shape this corporate buying spree?
We’ll be watching new SEC filings, fund flow reports and any signals on digital-asset rules. Those clues will tell us whether Myers is being visionary or simply dreaming big.
Featured image from Pixabay, chart from TradingView
