It has been asserted by a Bitcoin executive that the shift away from fiat assets has already commenced, and that the amount of Bitcoin expected to be held by treasury companies continues to be underestimated by Bitcoin holders.
According to Jesse Myers, head of Bitcoin strategy at Moon Inc., it has been suggested that the substantial volume of Bitcoin projected to be accumulated by corporations by 2045 is currently being underestimated by holders of the cryptocurrency.
It was stated by Jesse Myers in a May 23 X thread that 50% of all Bitcoin is expected to be held by Bitcoin treasury companies, a figure significantly higher than what most Bitcoin holders are reportedly anticipating.
Myers Predicts Strategy’s Bitcoin Holdings to Hit $70 Trillion by 2025
It was further projected by Myers that Strategy, led by Michael Saylor, would possess $70 trillion worth of Bitcoin by 2045, positioning it as the most valuable company in global history. As of the time of publication, approximately 576,320 Bitcoins—valued at nearly $62.24 billion—were reported to be held by Strategy, based on data from Saylor Tracker.
It was stated by Myers that the global asset value currently totals approximately $1,000 trillion, with Bitcoin accounting for merely 0.2% of that figure. He explained that, as nearly half of the world’s capital is continually in pursuit of the most effective store of value, a gradual and passive inflow of capital is expected to be directed into Bitcoin over time.
It was noted that, throughout the past two years, a shift away from fiat-based assets such as bonds and traditional currency has already been underway. According to the statement, the transition is being directed toward hard money assets like Bitcoin and gold.
It was stated by Myers that approximately $318 trillion in capital has been allocated to bonds, with much of it now considered to be seeking more favorable opportunities. He noted that the majority of this capital has been locked into fixed-income institutional vehicles governed by “strict mandates.”
It was explained by Myers that this is the role intended to be fulfilled by Bitcoin Treasury Companies.
Treasury Cos will be the primary bidders for BTC over the coming decades, deploying an ocean of SoV capital to BTC.
It has been observed that although Bitcoin has been accumulated by Strategy since 2020, other treasury companies are now beginning to appear.
On April 24, the formation of Twenty One Capital was announced as a Bitcoin treasury company. It has been established under the leadership of Strike founder Jack Mallers and backed by Tether, SoftBank, and Cantor Fitzgerald. The firm is being positioned as the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.”
Meanwhile, a United States-based subsidiary was announced on May 1 by Metaplanet, a Japanese firm dedicated to increasing its Bitcoin holdings.
Based on data from Bitbo, approximately 3.23 million BTC—worth around $348.25 billion—has been reported as held collectively by publicly listed and private firms, exchange-traded funds (ETFs), and sovereign entities.
