Bitcoin Treasury Companies Poised to Dominate BTC Holdings by 2045?
The future of Bitcoin ownership is a hot topic, and recent predictions suggest a significant shift in how BTC is held. According to Jesse Myers, head of Bitcoin strategy at Moon Inc., corporations are set to accumulate a surprisingly large percentage of Bitcoin by 2045. This could reshape the landscape of the crypto market and impact individual investors. This falls under the Uncategorized section of crypto regulation.
Corporate Bitcoin Accumulation: A Bold Prediction
Myers estimates that “Bitcoin Treasury Companies” will control 50% of all Bitcoin in circulation. This is a much higher figure than many Bitcoin enthusiasts anticipate. He shared this forecast in a recent X thread, sparking discussion about the long-term distribution of Bitcoin.
Strategy’s Potential $70 Trillion Bitcoin Portfolio
Myers also singled out Michael Saylor’s Strategy, predicting it could hold $70 trillion worth of Bitcoin by 2045. If this projection holds true, Strategy would become the most valuable company globally. Currently, Strategy holds approximately 576,320 Bitcoin, valued at around $62.24 billion, according to Saylor Tracker.
The Flow of Capital into Bitcoin
Myers explained that Bitcoin currently represents a small fraction (0.2%) of the world’s total asset value, estimated at $1,000 trillion. He believes that as investors seek the best store of value, capital will naturally migrate towards Bitcoin. He noted an ongoing shift from fiat assets like bonds and money into hard money assets like Bitcoin and gold.
Bitcoin Treasury Companies: The Primary Bidders?
Myers pointed out that a significant amount of capital, around $318 trillion, is tied up in bonds and other fixed-income institutional vehicles. He suggests that Bitcoin Treasury Companies will play a crucial role in deploying this capital into Bitcoin.
“Treasury Cos will be the primary bidders for BTC over the coming decades, deploying an ocean of SoV capital to BTC.”
The Rise of Bitcoin Treasury Companies
While Strategy has been a prominent Bitcoin accumulator since 2020, other companies are entering the space. Twenty One Capital, founded by Strike’s Jack Mallers with support from Tether, SoftBank, and Cantor Fitzgerald, aims to provide investors with capital-efficient Bitcoin exposure.
Data from Bitbo indicates that publicly traded and private companies, ETFs, and nation-states collectively hold 3.23 million BTC, valued at approximately $348.25 billion.
In Conclusion
Jesse Myers’ predictions paint a picture of a future where corporations play a dominant role in Bitcoin ownership. While these are just forecasts, the increasing interest from institutional investors and the emergence of Bitcoin Treasury Companies suggest a potential shift in the distribution of BTC. As reported by Cointelegraph, the trend of corporate Bitcoin adoption is one to watch closely.
Disclaimer
The information provided in this article is for informational purposes only and does not constitute financial advice. All news content is sourced from trusted platforms like Cointelegraph, Bitcoinist, and our own writers written with added value, editorial insights and reviews by our team. Always do your own research before making any investment decisions.
