Bitcoin treasury firms driving $200T hyperbitcoinization

Bitcoin treasury firms driving $200T hyperbitcoinization — Adam 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 BTC - $108888.381 according to Adam Back, co-founder and CEO of Blockstream and the inventor of Hashcash. “$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.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-04-27 10:28:02 GMT.

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Price & Market Data

Price: $108888.381

Volume 24h: $60,226,307,122.93

Market Cap: $2,163,522,629,227.29

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,156. The last known price of Bitcoin is 109,276.82432211 USD and is down -0.39 over the last 24 hours. It is currently trading on 12185 active market(s) with $66,570,797,617.83 traded over the last 24 hours. More information can be found at https://bitcoin.org/.