Expert Analyst: “A New Chapter Could Begin for Bitcoin Worth $3 Trillion”

A storm of “Bitcoin treasury companies” is growing in the financial world. Matt Cole, CEO of Strive, who was a guest on “The Wolf Of All Streets” podcast, argued that a new generation of financial products based on crypto assets, particularly the “digital credit” market, will fundamentally change the global financial system.

Cole suggests that at least 1% of the massive $300 trillion global credit market will transform into digital credit, indicating the emergence of a brand new $3 trillion market in this area. This figure points to a potential even greater than Bitcoin’s current market capitalization.

According to the analyst, “digital lending” formulas are emerging for institutional companies and individual investors who are wary of Bitcoin’s extreme volatility but are seeking high returns. Evaluating products such as Strive’s “SATA” and MicroStrategy’s “Stretch,” Cole said these instruments proved their worth in the last bear market.

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Cole stated that while there was a craze last year for “starting Bitcoin treasury companies,” many lacked a real strategy or expert team, and that a wave of consolidation (mergers and acquisitions) in the market is inevitable.

In the interview, Cole also shared his story of becoming a Bitcoin maximalist, explaining that in the past he managed a multi-billion dollar portfolio of US government bonds (including $70 billion in bond management within CalPERS) and that during that time he had direct contact with officials from the FED and the US Treasury Department.

*This is not investment advice.

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