Companies with Bitcoin treasuries are driving a hyperbitcoinization of $200 trillion, according to Adam Back

According to Back, Strategy and other Bitcoin treasury companies are some of the early players in hyperbitcoinization, which could push Bitcoin's market capitalization to over $200 trillion.

Investment firms with Bitcoin-focused treasuries are anticipating the global adoption of Bitcoin, which could lead the world's first cryptocurrency to reach a market capitalization of $200 trillion in the next decade.

Institutions and governments around the world are beginning to recognize Bitcoin's unique monetary properties

BTC

€82,875

, according to Adam Back, co-founder and CEO of Blockstream and inventor of Hashcash.

“$MSTR and other companies with treasuries are an arbitrage of the dislocation between the future of Bitcoin and today's fiat world,” Back wrote in a post on X on April 26.

“A sustainable and scalable trade of $100 to $200 trillion anticipating hyperbitcoinization, scalable enough for most large public companies to transition to a treasury in BTC,” he added.