Bitcoin’s Market Cap Could Reach $200 Trillion, Says Adam Back
- Adam Back predicts Bitcoin’s market cap could reach $100-$200 trillion.
- Back views BTC treasury policies as an arbitrage opportunity between Bitcoin and fiat currencies.
- The strategy relies on Bitcoin’s price increasing faster than interest and inflation over four-year periods.
- MNAV, or multiple of net asset value, is expected to trend towards 1 post-hyperbitcoinization.
- Bitcoin is currently trading at $93,773, up nearly 8% in the past seven days.
Adam Back suggests that a scalable BTC treasury strategy could lead to a $100-$200 trillion Bitcoin market cap by exploiting the gap between current fiat systems and future Bitcoin valuations.
Source (2.6)https://dailyhodl.com/2025/04/29/200000000000000-btc-market-cap-now-in-play-as-hyperbitcoinization-takes-shape-bitcoin-og-adam-back/?rand=59076
