Corporate Bitcoin Boom: Will Companies Own Half of All BTC by 2045?

Jesse Myers, Moon Inc.’s head of Bitcoin strategy, predicts a massive corporate adoption of Bitcoin, estimating that companies could own 50% of all Bitcoin (approximately 10.5 million coins) by 2045. Currently, corporations and ETFs hold about 3.23 million BTC, or 15% of the total supply, valued at roughly $348.25 billion. Myers’s prediction is based on the belief that “Bitcoin Treasury Companies,” such as MicroStrategy, which currently holds 576,320 BTC, will significantly increase their holdings. He projects that MicroStrategy’s Bitcoin holdings could reach a staggering $70 trillion by 2045, assuming a price surge to over $120 million per Bitcoin. This projection hinges on a large influx of capital from other asset classes, such as the $318 trillion bond market, into Bitcoin as a store of value. Myers’s bold prediction is not without its skeptics. Concerns have been raised about the feasibility of companies accumulating millions of Bitcoins without significantly impacting the price, and the influence of regulatory frameworks on this potential corporate buying spree remains uncertain. The launch of Twenty One Capital, backed by Tether, SoftBank, and Cantor Fitzgerald, highlights the growing interest in Bitcoin treasury companies. However, the success of this strategy depends on securing substantial capital and navigating potentially illiquid markets. The prediction sparks a debate about the future of Bitcoin adoption and the potential for a massive shift in how capital is held and managed globally. The coming years will reveal whether Myers’s vision is realistic or overly optimistic.

(Source: https://bitcoinist.com/the-corporate-bitcoin-boom-bigger-than-you-think-exec-says/)