Investment firms with Bitcoin-focused treasuries could push the cryptocurrency to a $200 trillion market cap within a decade. Adam Back of Blockstream highlights the opportunities current fiscal strategies present as institutions acknowledge Bitcoin’s value. Recent shifts like Trump’s executive order on Bitcoin reserves and relaxed Federal Reserve regulations add context to this evolving landscape.
Investment firms focusing on Bitcoin treasuries could drive the cryptocurrency towards a staggering $200 trillion market cap in the next decade. Adam Back, co-founder of Blockstream and Hashcash inventor, suggests that institutions and governments are now acknowledging Bitcoin’s distinct monetary advantages. He made a point on social media about companies like MicroStrategy seizing opportunities by exploiting the gap between Bitcoin’s future value and today’s fiat environment.
Back describes this phenomenon as a logical arbitrage based on Bitcoin’s price trajectory. He specifically cited that it’s not just a fleeting trend but, instead, a sustainable move. The expected rise in Bitcoin’s value over periods outpacing inflation and interest rates is what stands behind this strategy, according to Back.
His remarks follow shortly after an executive order from US President Donald Trump was signed, aimed at forming a national reserve of Bitcoin derived from criminal cases. This reflects a growing acceptance of Bitcoin in high-level financial discussions.
Concurrently, companies like Strategy continue their Bitcoin accumulation, encouraging others to partake. Strategy claims to have earned over $5.1 billion from its Bitcoin treasury since the start of 2025, as reported by co-founder Michael Saylor. Meanwhile, Metaplanet, dubbed ‘Asia’s MicroStrategy,’ has also followed suit by amassing more than 5,000 BTC and aims to increase that to 21,000 BTC by 2026.
Meanwhile, the recent easing of restrictions by the US Federal Reserve could further bolster banks’ confidence in handling Bitcoin. With this new regulatory climate, banks may soon support cryptocurrency operations more openly, which signals a shift toward more digital asset integration in traditional finance. Overall, the combination of positive institutional sentiment and strategic treasury management is potentially paving the way for a much larger scale of Bitcoin acceptance.
