Jack Mallers, co-founder and CEO of Twenty One Capital, told NYSE TV that he expects Bitcoin to climb much higher from current levels.
According to Mallers, the size of global wealth available for savings gives Bitcoin room to grow in a big way. He made the bold remark that Bitcoin could be “100 to 200 times from here,” and his firm’s buying behavior appears to follow that view.
According to Mallers, total global wealth across assets like stocks, property, gold and art is about $900 trillion. He argued roughly $400–500 trillion of that is used mainly as savings.
Right now, Mallers said, Bitcoin’s market value sits near $2 trillion. At the price cited in reports — about $115,570 per coin — he sees a path for dramatic expansion if Bitcoin captures only a slice of that savings market.
Jack Mallers says, “#Bitcoin will 200x from here.”
“Bitcoin is going after a $400-500 trillion market, and it’s only $2 trillion.” pic.twitter.com/urpR8HelFO
— Maestro (@GoMaestroOrg) September 16, 2025
Reports have disclosed that since April, Twenty One Capital has acquired 43,514 BTC, a haul worth roughly $5 billion at current prices.
The firm has backing from players such as Tether, Bitfinex, and SoftBank, and it plans to merge with SPAC Cantor Equity Partners to pursue a public listing.
Mallers’ team has been buying aggressively, and the stash already exceeded the firm’s initial target by about 1,500 BTC.
Several high-profile figures have also made bullish calls, and their forecasts are often cited alongside Mallers’ views.
According to public remarks, BlackRock CEO Larry Fink has suggested Bitcoin could reach $700,000. Anthony Scaramucci of SkyBridge has said he expects Bitcoin to hit about $200,000 by the end of 2025.
Bill Barhydt, CEO of Abra Global, has outlined a base-case of $350,000 and a more aggressive scenario as high as $700,000.
These estimates differ in timing and method, but they share a common theme: large upside is possible if demand and adoption keep rising.
Where Twenty One Capital Fits InBased on reports, Mallers’ firm is joining a larger group of companies that hold Bitcoin as a reserve asset.
Michael Saylor’s Strategy has accumulated 638,985 BTC — a figure that dwarfs most other corporate treasuries and is valued near $74 billion. Mining companies such as MARA Holdings hold about 52,477 BTC.
One important contrast is funding approach: Strategy leaned on debt to build its position, while Twenty One Capital has avoided that route so far.
Featured image from Meta, chart from TradingView