Company Bitcoin treasuries have surged previous $100 billion, elevating issues amongst analysts that the US may at some point nationalize these holdings in a transfer harking back to the gold normal period.
Corporate crypto treasuries have surpassed $100 billion of digital asset holdings, with Bitcoin (BTC) treasury companies amassing 791,662 BTC value about $93 billion, representing 3.98% of the circulating provide, Cointelegraph reported on July 31.
The rising company holdings might current a brand new centralized level of vulnerability for Bitcoin, which can see the world’s first cryptocurrency comply with the identical “nationalization path” as gold in 1971, in accordance with crypto analyst Willy Woo.
“If the US greenback is structurally getting weak and China is coming in, it’s a good level that the US may do a suggestion to all of the treasury corporations and centralize the place it might be then put right into a digital type, not create a brand new gold normal,” Woo stated throughout a panel dialogue at Baltic Honeybadger 2025, including:
“You possibly can then rug it like occurred in 1971. And it’s all centralized across the digital Bitcoin. The entire historical past repeats once more again to the start.”
In 1971, President Richard Nixon ended the Bretton Woods system, suspending the greenback’s convertibility into gold and abandoning the mounted $35-per-ounce charge, successfully ending the gold normal.
Associated: BTCFi VC funding hits $175M as investors focus on consumer apps
Woo famous that institutional adoption continues to be a essential step for Bitcoin to switch the US greenback, surpass gold and grow to be a brand new financial normal. “That’s not going to occur till you get the massive gatekeepers of capital opening as much as Bitcoin and pouring cash in,” he stated.
The analyst’s feedback come amid a interval of accelerating institutional adoption, two weeks after 35 publicly traded companies have surpassed 1,000 BTC or roughly $116 billion in steadiness sheet holdings every, Cointelegraph reported on July 25.
Nationalization efforts may goal Bitcoin whales, in accordance with Preston Pysh, co-founder of the Buyers Podcast Community and Bitcoin enterprise fund Ego Loss of life Capital.
“They’re going to take the Bitcoin as a result of it’s going to have an institutional custodian that doesn’t need to go to jail,” he defined, including that the primary targets could also be “non-public entities which have a number of Bitcoin.”
Associated: Tokenized stocks rise 220% in July, reminiscent of ‘early DeFi boom’
Large upside regardless of dangers
Regardless of the nationalization issues, the rising company adoption might current a possible $100 trillion market alternative.
Bitcoin is already a $2 trillion-dollar asset at simply 16 years of age, stated Woo, including that “we’ve acquired 100x to develop, and it’s in all probability going to take a long time to get there.”
Woo’s projection aligns with prior forecasts from Adam Again, co-founder and CEO of Blockstream, who has described Bitcoin as a $200 trillion market opportunity in the long run.
“A sustainable and scalable $100-$200 trillion commerce front-running hyperbitcoinization. scalable sufficient for many massive listed corporations to maneuver to BTC treasury,” stated Again in an April 26 X post.
Hyperbitcoinization refers back to the theoretical future the place Bitcoin turns into the most important world foreign money, changing fiat cash resulting from its inflationary economics.
Journal: Bitcoin OG Willy Woo has sold most of his Bitcoin — Here’s why
