CEO of Bitwise: Bitcoin is vying for $30 trillion in treasury assets as a new store of value
Hunter Horsley, CEO of investment firm Bitwise Asset Management, continues to maintain a confidently optimistic stance on Bitcoin. This week, he once again made a series of statements on social media platform X, highlighting the growing interest from both institutional investors and retail audiences.
On June 12, Horsley stated that a significant portion of potential purchases $BTC from public companies is still ahead:
“Many companies have announced their plans to acquire Bitcoin, but the deals have not yet closed. We expect a wave of applications in the third quarter,” he noted.
He also reminded that the market for stores of value in the form of U.S. treasury bonds exceeds $30 trillion, and it is this niche that Bitcoin is targeting: