Scoop on Google News: Jack Mallers' Eye-Popping Bitcoin Prediction and the Mission of Twenty One
Tether Founder Outlines BTC Value Assessment: $50 Million per Crypto Unit, Revealed by SoftBank Crypto Investor
In a candid conversation with The David Lin Report, Bitcoin maverick Jack Mallers shed light on his mind-boggling claim of Bitcoin potentially reaching $50,000,000. But before we dive into the mathematics, let's get acquainted with Jack's latest venture, Twenty One.
Bitcoin to the Moon: Demystifying Jack Mallers' $50M Guesswork
On May 1st, 2025, Jack Mallers, best known as the founder of Strike, sat down for an in-depth chat with journalist David Lin. The conversation focused on Twenty One, a recently-unveiled Bitcoin-dedicated partnership between Tether, Softbank, and Cantor Fitzgerald, with Jack coming on board as one of the CEOs.
So, when David brought up Jack's recent jaw-dropping remark about a 500x increase in Bitcoin price, Jack diplomatically explained his thought process. According to Jack, the Bitcoin market can be compared to the total value people store in stocks, real estate, sovereign debt, and so forth, which amounts to a staggering $900 trillion for the global population.
Considering that the max supply of Bitcoin is just 21 million, a fully Bitcoinized world would put the price of a single coin at a whopping $42.86 million. With lost coins factored in, $50 million per Bitcoin appears plausible. However, this figure should not be treated as a price forecast but rather a hypothesis worthy of discussion.
From Rival to Market Maker: Jack Mallers on Twenty One
Refusing to compare Bitcoin to stocks or Ethereum, Jack reaffirmed that none of these assets have the same potential growth as Bitcoin. As for Twenty One, the project is designed to help institutions invest in Bitcoin without having to handle it physically. The company quickly cemented its place as the third-largest corporate Bitcoin holder.
Moreover, Jack clarified that Twenty One's focus will be on the "BTC per share" metric instead of the conventional "USD per share".
Now that you're in the loop, it's time to mull over the potential of Bitcoin reaching $50 million and the disruptive force of Twenty One Capital!
- Jack Mallers, the CEO of Twenty One, predicted that the price of Bitcoin could reach a staggering $50 million.
- This prediction was made in a conversation with journalist David Lin on May 1st, 2025.
- Twenty One is a Bitcoin-dedicated partnership between Tether, Softbank, and Cantor Fitzgerald.
- The company's focus is on helping institutions invest in Bitcoin without having to handle it physically.
- Jack Mallers also highlighted that compared to stocks or Ethereum, Bitcoin has the potential for greater growth.
- Twenty One has quickly become the third-largest corporate Bitcoin holder.
