Bitcoin Treasury Companies Could Hold 50% of All BTC by 2045, Says Crypto Strategist

Bitcoin's role as a store of value is set to grow dramatically—and much of it may end up in corporate hands. That’s the prediction from Jesse Myers, head of Bitcoin strategy at Moon Inc., who believes companies will soon become the dominant force in Bitcoin accumulation.

In a recent thread posted to X (formerly Twitter), Myers argued that traditional Bitcoin holders may be overlooking just how much of the cryptocurrency corporations will control in the coming decades. His forecast? By 2045, “Bitcoin treasury companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for.”

Myers pointed to a broader shift already underway: a move away from fiat-based assets like bonds and traditional cash toward harder assets such as Bitcoin and gold. “Over the last two years, an exodus from fiat assets has already begun,” he said, adding that trillions of dollars in institutional capital are now looking for a more stable, inflation-resistant store of value.

At the heart of this trend are Bitcoin treasury companies—firms that invest heavily in Bitcoin to preserve value over the long term. Myers called them the “primary bidders” for Bitcoin in the coming decades, with the potential to absorb massive amounts of capital traditionally locked into bonds and other fixed-income instruments. He estimates around $318 trillion of capital is currently parked in these assets, much of it restricted by institutional mandates.

One high-profile example is MicroStrategy (referred to by Myers as "Strategy"), the business intelligence firm led by Bitcoin advocate Michael Saylor. Since 2020, MicroStrategy has amassed 576,320 BTC—currently valued at more than $62 billion. Myers speculated that by 2045, the company’s Bitcoin holdings could soar in value to $70 trillion, potentially making it the most valuable company in history.

New players are also entering the space. On April 24, Twenty One Capital was launched as a dedicated Bitcoin treasury firm, led by Strike founder Jack Mallers and backed by heavyweights like Tether, SoftBank, and Cantor Fitzgerald. The firm aims to offer institutional investors a more capital-efficient route into Bitcoin.

According to Bitbo, a data platform tracking institutional Bitcoin holdings, the combined BTC held by public and private companies, ETFs, and nation-states currently stands at 3.23 million coins—worth around $348 billion.