Lance Vitanza, Managing Director at TD Cowen, predicts Bitcoin will reach $132,000 by 2027. He explains that Bitcoin is transforming from a standalone asset into a capital markets ecosystem comprising common stock, preferreds, bonds and income products. Speaking at the Bitcoin Treasuries conference in New York, Vitanza highlighted why institutional investors increasingly evaluate Bitcoin within a portfolio context. He noted that well-run Bitcoin treasury companies could potentially outperform Bitcoin itself. Key topics discussed included Bitcoin preferreds, dividend-paying instruments, digital credit evaluation, and which Bitcoin treasury companies might survive market downturns.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
