Moon Inc.'s head of Bitcoin strategy, Jesse Myers, has made a bold prediction that Bitcoin holders are not fully comprehending the massive amount of Bitcoin that corporations are set to accumulate by 2045. In a recent statement on a May 23 X thread, Myers warned that Bitcoin Treasury Companies are projected to hold 50% of all BTC, a figure that may catch many Bitcoin enthusiasts off guard.

Myers went on to forecast that Michael Saylor's Strategy will amass a staggering $70 trillion worth of Bitcoin by 2045, potentially making it the most valuable company in history. As of the latest data, Strategy currently holds 576,320 Bitcoin, valued at around $62.24 billion, according to the Saylor Tracker.

To put this into perspective, Myers highlighted that the total asset value in the world stands at $1,000 trillion, with Bitcoin representing a mere 0.2% of this sum. He emphasized that as investors seek the best store of value, a significant portion of capital is expected to flow into Bitcoin over time, particularly with the ongoing shift away from fiat assets towards hard money assets like Bitcoin and gold.

The head of Bitcoin strategy pointed out that there is approximately $318 trillion of capital tied up in bonds seeking better investment opportunities. Most of this capital is held in fixed-income institutional vehicles with stringent mandates, presenting an opportunity for Bitcoin Treasury Companies to emerge as key players in the market.

While Strategy has been leading the charge in accumulating Bitcoin since 2020, other treasury companies are beginning to surface. For instance, on April 24, Twenty One Capital, backed by industry players like Strike founder Jack Mallers, Tether, SoftBank, and Cantor Fitzgerald, entered the scene with a focus on providing investors with efficient exposure to Bitcoin.

Additionally, Metaplanet, a Japanese company dedicated to accumulating Bitcoin, announced plans to launch a subsidiary in the United States on May 1. Data from Bitbo reveals that publicly traded and private companies, ETFs, and even nation-states collectively hold 3.23 million BTC, valued at approximately $348.25 billion.

As the cryptocurrency market continues to evolve, the emergence of Bitcoin Treasury Companies and their substantial Bitcoin holdings could reshape the landscape of digital assets. With corporations increasingly recognizing the value of Bitcoin as a store of value, the future of cryptocurrency ownership and investment looks set to be dominated by these entities.

Source: https://cointelegraph.com/news/bitcoin-treasury-companies-significant-holdings-forecast-btc-jesse-myers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound