Are Bitcoiners underestimating this?

Since November 2024, almost every Monday was Michael Saylor Buy more Bitcoin day.

Your company, StrategyIt was the first important public company to adopt Bitcoin as its main treasure reserve asset.

And now, others are catching this Bitcoin Bug: Metaplanet, Twenty-oneNakamoto Holdings … The list continues to grow.

The error is spreading so fast that Jesse Myers, Bitcoin Strategy Chief at HK Asia Holdings, thinks Bitcoiners still do not realize how much BTC these companies could end up having.

We are going to break it down.

There are around $ 1,000t in assets in the world. Bitcoin constitutes only $ 2t of ESO: a 0.2%teenager.

Saylor thinks that half of the capital of the world is looking for the best value store. And since trust and bond trust is decreasing, Bitcoin begins to look like a good option.

Even yes A fraction From that capital moves to BTC, the price could explode. Saylor believes that Bitcoin could reach a market capitalization of $ 280T by 2045, that is $ 13 million per currency.

“These guys are very high in Hopium,” One could say. Maybe. After all, $ 280T is 14 times the value of all the real estate of the USA. But … Saylor could be in something.

There are currently Around $ 318T invests in bonds – Loans to governments or companies that return a bit of interest.

Large investors are required such as pension funds to buy assets such as these because they are considered “safe”.

The problem: Inflation is high and Even if the bonds are paying interest, they do not keep up with the increase in prices = Investors are losing money slowly.

But great institutions I can’t throw that money to Bitcoin Due to risk rules and policies.

That’s where Bitcoin Treasury companies enter.

It is possible that institutions are not ready to maintain BTC directly, but they can buy bonds or shares in companies that do so. And it works because these companies:

• You can access public capital markets,

• You can build custom products to match institutional needs;

• Have shareholders who want exposure to BTC and agree to take risks to obtain it.

Basically, these companies act as bridges. They offer products that speak the tradfi language – bonds, actions, performance – but with bitcoin in the nucleus.

That is the real innovation here: packaging BTC’s exposure in a way that fits the inherited portfolios.

And if this model develops, companies such as the strategy will not be strange exceptions: they could become the plan for a completely new asset class.

This could be a W for Bitcoin in several ways:

• Creates a consistent and predictable demand of institutions that seek performance and exposure to the value warehouse;

• Reduces dependence on hype cycles or retail fomo to boost BTC prices growth;

• Formalizes Bitcoin’s role in capital markets, which makes it more difficult to rule out as a marginal or speculative asset.

But there are also risks.

If these companies begin to grow too fast, they misuse leverage or manage bad risk, they could introduce the Type of systemic fragility that Bitcoin was supposed to help avoid.

And if too BTC ends up concentrated in your hands, it increases Questions about decentralization and control.

Even so, markets don’t care about ideology. They care about Incentives. And at this time, the incentive to connect traditional money with Bitcoin is strong and growing.

So what does this mean for cryptographic investors?

Bitcoin is not only being purchased, it is being integratedAnd treasure companies are a large part of that process.

We like it or not, they are shaping how institutional money enters cryptography, and could be one of the greatest forces behind the next Bitcoin chapter.