Bitcoin Could Be Owned by Companies, Not People, by 2045, Argues Moon Inc.'s Jesse Myers

According to Moon Inc.'s head of Bitcoin strategy, Jesse Myers, companies could end up owning half of all Bitcoin by 2045. That's about 10.5 million coins.

According to Moon Inc.’s head of Bitcoin strategy, companies could end up owning half of all Bitcoin by 2045. That’s about 10.5 million coins.

The claim was made by Jesse Myers in an X thread on May 23. It started with a post on the ambitious capital gains of Strategy, which is rolling up a Bitcoin treasury.

At last check, Strategy’s stash is 576,320 BTC, which is worth about $62.24 billion. But if Bitcoin keeps rising, Strategy could see its holdings hit $70 trillion by 2045. To reach that number, each unit would need to trade for more than $120 million—a rise of over 1,000x from today.

"It baffles me that people aren’t more interested in Strategy’s capital gains. They’ll own $70T of Bitcoin in 20 years, making it by far the most valuable company in the history of the world," said Myers.

"Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for."

Those interested in learning more about how and why can read the full thread here.

Corporate Bitcoin Hoard On The Rise

Based on reports, companies and ETFs now control roughly 3.23 million BTC. That’s about 15% of the total 21 million supply. At today’s price, that stash is worth around $348.25 billion.

According to a report by Bitcoin Visuals, institutions are quickly scooping up more BTC. In fact, they purchased an all-time high of 60,000 coins in April alone.

This surge in institutional demand comes amid a broader shift in investor sentiment towards digital assets.

As institutions buy more BTC, they will push that share up to 50%, claims Myers. This will leave less coins for retail investors, governments and other entities.

To set the stage, there is $1000T of asset value in the world.

Bitcoin is just 0.2%

According to the World Bank, the total value of global assets in 2023 is estimated to be around $1,000 trillion.

Of that amount, Bitcoin makes up a small fraction—about 0.2%.

A large portion of the global asset value is held in bonds. At last count, there is $318 trillion in bonds outstanding.

If even a small slice of that bond pile hunts for a “hard money” store of value, it will boost demand for BTC.

New Players Joining In

On April 24, Strike founder Jack Mallers launched Twenty One Capital. This new Bitcoin treasury company has backing from Tether, SoftBank and Cantor Fitzgerald. Its goal is to offer a “capital-efficient” way for investors to gain Bitcoin exposure.

However, firms like this will need to find large pools of cash and move carefully in markets that aren’0 always deep enough for huge buys.

This has implications for Myers’s view, which raises several questions. Will bond managers really shift large chunks of money into Bitcoin?

Can companies add millions of coins without sending prices through the roof? And how will rules from regulators shape this corporate buying spree?

We’ll be watching new SEC filings, fund flow reports and any signals on digital-asset rules. Those clues will tell us whether Myers is being visionary or simply dreaming big.