2470: $145 Trillion Bitcoin FLOODGATES - Wall Street Wants More BTC As Institutions Keep Buying

Justin Verrengia (0:00)

The big money is coming for Bitcoin. The buyers are getting bigger, the allocations are getting bigger, but the Bitcoin supply isn't. And when that much capital collides with absolute scarcity, price has only one direction to go.

Let's get right into it. Wall Street just said the quiet part out loud. 40% Bitcoin, not 1%, not 5%, not 10%, 40%.

That's how much Bitcoin America's number one investment advisor says investors should allocate. Up to 40%.

They say, we got the math on our side, we got the market performance on our side. And while Wall Street debates how much Bitcoin investors should own, the biggest players are already buying. Strategy just disclosed another 1,665 Bitcoin acquisition worth 138 million. That brings Sailor's Corporate Bitcoin stack to 847,666 Bitcoin. Definitely not my favorite three numbers right there, but nonetheless. At roughly $84,000 Bitcoin, that's more than 71 billion worth of Bitcoin. And strategy isn't alone. Vivek Ramaswani Strive just announced another 1,107 Bitcoin acquisition worth roughly 94 million. That's two companies, 2,772 biddies. More than 230 million worth of Bitcoin announced in fresh purchases. But this is where the numbers get ridiculous. Cathie Wood says Bitcoin is positioned to disrupt the $145 trillion fixed income market. $145 trillion. Bitcoin doesn't need to capture all of that. It doesn't even need half. It doesn't even need 10%.

Just 1% of $145 trillion represents $1.45 trillion.

And Bitcoin is entering this fight while the fiat money machine expands again. Global money supply across the United States, China, the Eurozone and Japan just reached a record $103.4 trillion.

Those four economies reportedly added roughly $1 trillion in August alone. That marked the 10th consecutive monthly increase. More fiat, more liquidity, more institutional demand. Meanwhile, Bitcoin just recorded its highest weekly close in eight months, above $84,000. Bitcoin is now roughly 45% above its June low. And Bitcoin just reclaimed the value of 20 ounces of gold for the first time since January. Now combine all of it. Strategies buying, strive is buying. Investment advisors are talking about dramatically larger allocations. Institutional investors searching for uncorrelated assets. Global liquidity, record highs, Bitcoin price breaking higher. And the supply, still mathematically scarce. More than 95% of all the Bitcoin that will ever exist has already been mined. That's why the price targets are becoming so extreme. Where does Bitcoin come from? Someone has to sell it. And if holders refuse to sell cheaply, price becomes the release valve. Then Adam Back takes the same scarcity equation even further. His long-term thesis, a 200 trillion dollar Bitcoin market, approximately 10 million dollars per Bitcoin. And he calls that conservative. Sounds insane. Run the numbers on what Wall Street itself is discussing. A 145 trillion dollar fixed income market, more than 100 trillion in global money supply, major corporations accumulating billions of dollars in Bitcoin, investment advisors discussing allocations that would have sounded completely unthinkable a few years ago. Bitcoin doesn't need all that money. It only needs a fraction of it chasing an asset nobody can print more of. That's the setup. Trillions in capital, millions of Bitcoin already permanently lost, corporations competing, institutions allocating, and Wall Street realizing the same thing Sailor figured out back in 2020 They don't own enough Bitcoin. And there isn't enough for everyone to fix that problem cheaply. And that is the setup. Now, we look at what happened while all that capital was lining up. Sailor buys again, Strive buys again, Bitcoin just printed its strongest weekly close in eight months. Global liquidity hits another record high, and the price targets are getting absolutely ridiculous. Breaking news. America's number one investment advisor, Ric Edelman, just said he recommends up to 40% Bitcoin allocation. Check out this clip.

Ric Edelman (4:17)

A 10% to 40% allocation. 10% for conservative, 25% moderate, 40% aggressive portfolio. And people are kind of shocked that someone like me would argue for a 40% Bitcoin allocation. We need to increase our allocations. We need to argue for an increased allocation. We've got the math on our side. We've got the market performance on our side. Now we need to walk the walk.

Justin Verrengia (4:39)

Powerful clip there, and I got to agree. 1% super inefficient. Are you even doing your job as an asset manager? Recommending to your client, 1% Bitcoin. I say bare minimal, 40%.

And if you're super aggressive and bullish as I am and the Fed chair nipinator, 100% all in. All in or nothing. This is Texas Hold'em. Got to know when to go all in and when to fold them. And with Bitcoin, we're all in. But on a serious note, 1% is laughable, and maybe they won't take that serious. I think he makes a great point. What are your thoughts? What do you think is a very healthy portfolio to be invested into Bitcoin as an investor? What are we comparing it against? Bitcoin has infinite upside potential with very low downside risk. There's no other asset class in existence but a finite limit of supply. You can't compare it to gold. They increase the gold supply by 1%, 1.5% every single year indefinitely. Bitcoin's hard capped. True scarcity is superior.