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Bitcoin treasury firms driving $200T hyperbitcoinization — Adam Back

4M ago
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Strategy and other Bitcoin treasury firms are some of the earliest bets on Hyperbitcoinization, which may see Bitcoin’s market cap soar to above $200 trillion, according to Back.

Investment firms with Bitcoin-focused treasuries are front-running global Bitcoin adoption, which may see the world’s first cryptocurrency soar to a $200 trillion market capitalization in the coming decade.

Institutions and governments worldwide are starting to recognize the unique monetary properties of Bitcoin (BTC), according to Adam Back, co-founder and CEO of Blockstream and the inventor of Hashcash.

“$MSTR and other treasury companies are an arbitrage of the dislocation between the bitcoin future and todays fiat world,” Back wrote in an April 26 X post.

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