Sygnum Bank‘s Head of Investment Research, Katalin Tischhauser, predicted that a strategic Bitcoin reserve purchase of $1 billion could potentially trigger a $20 billion surge in Bitcoin‘s (CRYPTO: BTC) market cap.
What Happened: In a recent interview with The Block, Tischhauser explained that the increase in Bitcoin’s market capitalization will result from direct capital inflows and a substantial upward price surge.” Each $1 billion of strategic reserve purchases could drive a 20x multiplier effect on Bitcoin’s market cap,” she said.
She also highlighted that the projected $19 billion increase in the multiplier would stem from a surge in demand and the strain on Bitcoin’s already scarce liquid supply. “The potential demand shock will be so significant because the liquid supply of Bitcoin is really very small,” Tischhauser …
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