Strike founder Jack Mallers stated in a post on the X platform that Bitcoin (BTC), as the most liquidity-sensitive asset, will lead the market recovery.
According to Mallers, traditional financial markets will face widening interest rate differentials and increasing pressure on banks. “Bitcoin doesn’t exist to hedge the financial system—it exists to replace it. This is not a ‘trade’; it’s a ‘transition,’” he said, emphasizing that Bitcoin has no upper limit, just as fiat currency has no lower limit, and that the simplest way to invest is to buy Bitcoin.
Meanwhile, it was recently announced that Jack Mallers has joined a Bitcoin company called Twenty One—backed by stablecoin issuer Tether, SoftBank Group, and Cantor Fitzgerald—as CEO. The company’s charter explicitly states that its operations will focus on accumulating Bitcoin assets. The firm currently holds over 40,000 BTC in reserves.