Investment firms with Bitcoin-focused treasuries are front-running global Bitcoin adoption, which may see the world’s first cryptocurrency soar to a $200 trillion market capitalization in the coming decade.

Institutions and governments worldwide are starting to recognize the unique monetary properties of Bitcoin (BTC), according to Adam Back, co-founder and CEO of Blockstream and the inventor of Hashcash.

“$MSTR and other treasury companies are an arbitrage of the dislocation between the bitcoin future and todays fiat world,” Back wrote in an April 26 X post.

“A sustainable and scalable $100-$200 trillion trade front-running hyperbitcoinization. scalable enough for most big listed companies to move to btc treasury,” he added.

Hyperbitcoinization refers to the theoretical future where Bitcoin soars to become the largest global currency, replacing fiat money due to its inflationary economics and growing distrust in the legacy financial system.

Related: Crypto sentiment recovers, but weekend liquidity risks remain

Bitcoin’s price outpacing fiat money inflation remains the main driver of global hyperbitcoinization, Back said, adding:

“Some people think treasury strategy is a temporary glitch. i’m saying no it’s a logical and sustainable arbitrage. but not for ever, the driver is bitcoin price going up over 4 year periods faster than interest and inflation.”

Back’s comments come nearly two months after US President Donald Trump signed an executive order to establish a national Bitcoin reserve from BTC forfeited in government criminal cases.

Related: Serbia’s Prince Filip says Bitcoin is being stifled, expects huge rally

Global firms continue Bitcoin accumulation

Continued Bitcoin investments from the likes of Strategy, the largest corporate Bitcoin holder, may inspire more global firms to follow suit.

Strategy’s approach is proving to be lucrative, with the firm’s Bitcoin treasury generating over $5.1 billion worth of profit since the beginning of 2025, according to Strategy’s co-founder, Michael Saylor.

Japanese investment firm Metaplanet, also known as “Asia’s MicroStrategy,”  adopted a similar strategy, since surpassing 5,000 BTC in total holdings on April 24, Cointelegraph reported.

As Asia’s largest corporate Bitcoin holder, Metaplanet plans to acquire 21,000 BTC by 2026.

US financial institutions may also have more confidence in adopting Bitcoin after the US Federal Reserve withdrew its 2022 guidance discouraging banks from engaging with cryptocurrency. “Banks are now free to begin supporting Bitcoin,” Saylor said in response to the guidance withdrawal.

“Banks will now be supervised through normal processes, signaling a more open regulatory environment for digital asset integration,” Nexo dispatch analyst Iliya Kalchev told Cointelegraph.

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Learn MoreBitcoin treasury firms driving $200T hyperbitcoinization — Adam Back

Comedian and actor TJ Miller says it only takes a little over two full days to get the average person up to speed on Bitcoin. However, when asked why more celebrities aren’t Bitcoiners, he says most people simply refuse to ever sit down and study again.

“It is really hard to get people to study after they graduate, from any level,” Miller told Natalie Brunell on the April 23 episode of Coin Stories. Miller claimed it takes “about 50 hours of study” to understand Bitcoin (BTC).

Hollywood rewards those who “do not think differently”

“So to say to somebody it is going to take 50 hours for you to understand this, they are like, ah, I don’t want to,” he said. “They can’t even watch a Netflix series; they can’t even watch White Lotus because it takes seven hours,” he said.

Miller said it takes “such a paradigm shift” to embrace Bitcoin, not just in money or the internet, but in life — and that’s also why you don’t see more Hollywood celebrities becoming Bitcoin maxis:

“Hollywood rewards people that do not think differently.”

During a Bitcoin lunch hosted by crypto entrepreneur Anthony Pompliano, Miller introduced himself that, to his knowledge, he is “the only celebrity that is a Bitcoiner.”

“I can’t really think of anyone else,” Miller said.

While there aren’t many celebrities known to be publicly active in the Bitcoin community, many have launched their own memecoins in recent years, including Iggy Azalea, Caitlyn Jenner, and Hailey Welch aka “Hawk Tuah.”

However, Miller said he has been trying to educate people on Bitcoin for quite some time. He said when Bitcoin was trading between $8,000 and $12,000, he was telling friends to “just put $1,000 into Bitcoin.”

Miller is confident that, at some point in the future, there will be a Hollywood movie about the Bitcoin revolution.

Related: Bitcoin ETFs on $3B ‘bender,’ log first full week of inflows in 5 weeks

“But it’ll be interesting because it didn’t happen all at once,” he said. “It didn’t happen in three years, and it hasn’t happened in ten years, so it will be interesting to see how they can connect the dots,” he added.

Cointelegraph’s Gareth Jenkinson recently sat down with TJ Miller, where it became evident that his enthusiasm for Bitcoin isn’t just surface-level. He wants to use his platform to educate and inspire others to take it seriously.

“You can tell that I’m passionate about it. And so that’s what I’d like to do is sort of be able… to be somebody that helps bring cultural awareness, spread awareness and just a trusting name and face in the Bitcoin community that hopefully will bring more people to it,” Miller said.

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Key takeaways:

• Based on power curve trends, Bitcoin may hit $200,000 in Q4 2025.

• Bitcoin follows gold’s price trend with a 100-150 day lag.

Bitcoin’s (BTC) price has rallied 11% this week, its best weekly return in 2025 and its highest seven-day growth since early November 2024. Bitcoin also reached $95,000 on April 25 for the first time since Feb. 24. 

21st Capital co-founder Sina mentioned that Bitcoin reclaimed the power-law price. The power law’s predictive accuracy stems from Bitcoin’s network growth following Metcalfe’s Law, where value scales with the square of users. 

Based on Sina’s Bitcoin Quantile Model, reclaiming the power-law price keeps BTC on track to hit a price target of $130,000 and $163,000 before the end of 2025. 

As illustrated in the chart, Bitcoin is currently in the “Transition” range, where BTC accumulation occurs. Once it breaks into the “Acceleration” zone, the crypto asset enters the rally’s 33% to 66% range, progressively targeting $106,000, $130,000, and $163,000 over the next few months.

However, anonymous Bitcoin analyst apsk32 predicted BTC’s price target could be as high as $200,000 in 2025. The prediction is based on “Bitcoin power curve time contours,” which overlay Bitcoin’s price movements across four-year cycles (2013, 2017, 2021, and 2025). The chart suggests a strong performance in Q3 and Q4 of 2025, with the analyst noting that Bitcoin’s historical four-year cycle remains intact. The analyst said,

“Looking at two-year segments centered today, 4, 8, and 12 years ago. Price scaling performed using the power curve trendline. Expecting $200,000+ Bitcoin in Q4. Gold suggests we could go significantly higher.”

Related: 5 Bitcoin charts predicting BTC price rally toward $100K by May

Gold-Bitcoin lag may repeat Q4 rally

Since the beginning of 2024, Bitcoin and gold have posted new highs in the market, with each asset outperforming the other during specific periods. 

As illustrated in the chart, Bitcoin and gold achieved new highs between March and August 2024. However, in Q3 2024, gold spearheaded the rally, surpassing Bitcoin’s performance. By Q4, Bitcoin regained momentum, outpacing the precious metal and maintaining its lead until March 2025, when gold again took the lead. 

Gold is still leading BTC but has dropped 6% since hitting new highs, while Bitcoin has gained 11%. Cointelegraph reported that BTC tends to follow gold’s directional bias with a lag of 100-150 days. Based on that narrative, it is possible that Bitcoin could lead gold in the coming weeks.

Similarly, the US Dollar Index (DXY) dropped to a new three-year low on April 21, which further fueled the likelihood of a rally for risk assets. Cointelegraph reported that multi-year DXY lows have been historically bullish for Bitcoin. Crypto analyst ‘Venture Founder’ also pointed out,

“Traditionally, DXY going down is very bullish for $BTC, we now have a massive bearish divergence for DXY, which may suggest it goes to 90. The last 2 times this happened triggered a Bitcoin parabolic bull run in the final phase of the bull market (lasting 12 months).”

Related: Bitcoin spikes to 7-week highs as analyst doubts chances of $100K rebound

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Learn MoreBitcoin ‘power law’ model forecasts $200K BTC price in 2025

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Democratic U.S. senator for Georgia Jon Ossoff said President Donald Trump’s invitation to top meme coin holders constitutes an “impeachable offense.” Answering a question from a town hall meeting attendee on Friday, Ossoff said: “He is granting audiences to people who purchase the memecoin that directly enriches him.” Ossoff was referring to the gala dinner […]

The post Trump’s top memecoin holders’ dinner is an “impeachable offense,” says Sen. Ossoff appeared first on CryptoSlate.

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Learn MoreTrump’s top memecoin holders’ dinner is an “impeachable offense,” says Sen. Ossoff

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