Investment firms with Bitcoin-focused treasuries are driving global Bitcoin adoption, potentially leading to the cryptocurrency reaching a $200 trillion market capitalization in the next decade. According to Adam Back, the co-founder and CEO of Blockstream and the inventor of Hashcash, institutions and governments worldwide are acknowledging Bitcoin’s unique monetary properties. The rise of hyperbitcoinization, where Bitcoin becomes the dominant global currency, is fueled by Bitcoin’s price outpacing fiat money inflation. Back highlighted that treasury companies like MicroStrategy are capitalizing on the discrepancy between Bitcoin’s future potential and today’s fiat system. This strategy could lead to a significant shift towards Bitcoin treasuries for big listed companies. The recent establishment of a national Bitcoin reserve in the US further underscores the growing acceptance of Bitcoin at a governmental level. Companies like MicroStrategy have seen immense profits from their Bitcoin treasuries, inspiring other firms to consider similar investment strategies. Japanese investment firm Metaplanet has already surpassed 5,000 BTC in holdings and aims to acquire 21,000 BTC by 2026. The withdrawal of the US Federal Reserve’s guidance against banks engaging with cryptocurrencies signals a more favorable environment for financial institutions to support Bitcoin. This move could lead to increased adoption of Bitcoin by traditional financial institutions, setting the stage for further growth in the cryptocurrency market.