Bitcoin to $50 Million? Crypto CEO’s Wild Math Will Make Your Jaw Drop 😳

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Honestly, if I had a dollar for every time I’d heard someone promise Bitcoin will go to the moon, I’d almost have enough for half a coffee in London. But Jack Mallers, CEO of the suspiciously numerically named “Twenty One,” told the world on The David Lin Report that he’s got a *real* calculation backing the fantasy of Bitcoin shooting up “400x-500x from here.” Apparently, we’re now putting the “speculation” back in “respectable financial journalism.”

Bitcoin at $50,000,000: Because Math Says So (Sort Of)

So, picture this: It’s May 1, 2025. Jack Mallers—Bitcoin entrepreneur, investor, and proud wearer of hoodies at business meetings—sits down with David Lin, of the eponymous “David Lin Report,” to chat about his new lovechild: Twenty One. It’s a pure Bitcoin-only “joint venture” with backing from Tether, Softbank, and whoever Cantor Fitzgerald is, which Mallers is heading up, presumably because being CEO of just one crypto operation doesn’t provide enough excitement or existential dread.

In @jackmallers’s first long-form interview appearance since announcing Twenty One, he goes into depth with me and @BlockBonnieC on why he is partnering with Cantor, @Tether_to, @SoftBank, and @bitfinex to launch a 42,000 #Bitcoin acquisition vehicle

Full interview:…

— David Lin (@davidlin_TV) May 3, 2025

Wasting no time, Mallers was asked if he could clarify his “400x-500x from here” Bitcoin price fantasy. Because nothing says “solid investing” like a number so big your calculator just shrugs. This number, if you’re wondering, comes from comparing Bitcoin to literally everything of value on earth, a.k.a. “all the stocks, real estate, sovereign debt, the entire point of human civilization, etc.”—which, casually, amounts to a $900 trillion market. Sure, why not?

And since only 21 million Bitcoin can exist (that’s fewer than the calories in my lunchtime sad desk salad), Mallers figures, post-“Bitcoinization” (honestly, sounds like a budget sci-fi movie), each coin would be worth $42.86 million. And since many Bitcoins are, like my dignity after certain parties, lost forever, $50 million per BTC is, according to Mallers, a “rational estimation.”

But—wait for it!—he’s definitely not saying it’s a prediction. Just, you know, waving a giant imaginary check around as one does.

Not a Rival, Just Building a Brand-New Market (No Biggie 😅)

And before you even ask: no, don’t compare Bitcoin to tech stocks, or the whole stock market, or especially altcoins like Ethereum. They simply don’t have that sweet, sweet “50% of Bitcoin’s opportunity.” (Vague? Yes. Confident? Always.)

Recap for the folks in the back: Twenty One—the brainchild of Japanese Softbank, stablecoin grandmaster Tether, and Brandon Lutnick’s Cantor Fitzgerald—debuted April 23, 2025. The aim? Helping “institutions” buy into Bitcoin *without* actually owning any coins, because clearly what investors need is another way to not touch their investments. Suddenly, they’re already the third largest corporate holder of Bitcoin, which is either seriously impressive or completely terrifying, depending on how much you like rollercoasters.

Mallers, of course, insists that Twenty One is all about “BTC per share” instead of boring old “USD per share.” Because dollars are so last century, darling. 😏

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2025-05-03 17:20