A new public company with a big Bitcoin stash is pitching a bold claim. Twenty One Capital, which listed on the New York Stock Exchange on December 9, arrived with close to $4 billion Bitcoin treasury and now holds the third-largest BTC reserve among public firms. According to the firm\u2019s CEO, Jack Mallers, Bitcoin\u2019s role could expand far beyond a speculative holding.<\/p>\n
Mallers told viewers on theCUBE+NYSE Wired that Bitcoin<\/a> has compounded holders\u2019 portfolios at roughly 50% a year over the past five to 10 years. Based on reports, he expects that the current $2 trillion market for Bitcoin could grow to between $20 trillion and $200 trillion.<\/p>\n He argued Bitcoin might become the next global reserve asset as finance \u201crecollateralizes\u201d itself away from traditional treasuries and government debt. If supply then stood at 20 million tokens when a 100x market rise happened, Bitcoin would trade near $10 million per coin. At a present price of $92,270, that outcome would equal an increase of about 10,730%.<\/p>\n Short-term market signs are not all in favor of a big rally. According to market watchers, the Federal Reserve\u2019s recent rate cut<\/a> barely moved Bitcoin, leaving price action largely flat and directionless.<\/p>\n The MACD histogram, however, is showing hints of bullish momentum in some technical reads, which suggests buyers may be warming up.<\/p>\n The dollar index is showing signs of weakness, which often helps assets like Bitcoin. ETF flows keep disappointing. Without steady inflows from funds, big narratives can struggle to turn into lasting price gains.<\/p>\n Product Push Aimed At Liquidity Without Selling<\/p>\nMarket Signals Remain Mixed<\/h2>\n