Digital Capital Drives Convergence

The transition of Bitcoin from a small percentage to a more significant presence in the market over the next two decades could create a rational shift in capital allocation. As various stakeholders—including corporate CFOs, institutional investors, individuals, and governments—begin to view Bitcoin as an alternative asset, the disparity in capital costs between different asset classes should narrow. This is due to the idea that capital will flow from areas where it yields less to those where it earns more. With Bitcoin currently offering a significantly higher annual return compared to traditional equities, we can anticipate that over time, these returns will converge, reflecting a more efficient allocation of capital across asset classes.