$BTC Bitcoin Treasury Firms Positioning for $200 Trillion Market as Hyperbitcoinization Gains Momentum, Says Adam Back
Investment firms specializing in Bitcoin are positioning themselves to lead the way in the push toward a potential global shift in currency systems. Adam Back, CEO of Blockstream and inventor of Hashcash, pointed out that firms like Strategy, which have adopted Bitcoin treasuries, are playing a crucial role in advancing what some call hyperbitcoinization—a future where Bitcoin overtakes fiat currencies globally. This shift could see Bitcoin's market cap soar to more than $200 trillion, he suggested.