Anthony Scaramucci Puts Bitcoin Market Cap At $21 Trillion, So How Much Will 1 BTC Be?
NewsBTC·60-word summary·1 min read
SkyBridge Capital founder Anthony Scaramucci estimates Bitcoin’s market cap could reach $21 trillion, valuing one BTC at $1 million. He cites Bitcoin’s fixed supply of 21 million coins, decentralization, and growing institutional adoption as key factors. This projection compares Bitcoin’s potential to gold’s $33 trillion market cap, emphasizing its long-term value.
Strategy Inc. added 34,164 Bitcoin worth $2.54 billion on April 20, 2026, increasing its holdings to 815,061 BTC. This rapid accumulation suggests the firm could reach one million bitcoins by late 2026. Meanwhile, River data indicates that STRC preferred stock inflows significantly outpaced ETF net gains, highlighting strong institutional interest in Bitcoin.
Morgan Stanley’s MSBT Bitcoin ETF amassed over $139 million in assets within its first nine days of trading, with $30.6 million in net inflows on launch day. The ETF charges a 0.14% expense ratio, the lowest among spot Bitcoin ETFs. As of April 18, Arkham data indicated 1,348 BTC held in MSBT wallets.
Nium has partnered with Coinbase to enable USDC payments and fiat payouts in 190 countries, supporting over 100 currencies and more than 40 regulatory licenses. Launched in April 2026, the platform allows clients to send, receive, and convert USDC, offering just-in-time settlement and reducing dependence on prefunded accounts. This expansion enhances global digital payment options.
Fed Chair nominee Kevin Warsh, with a disclosed $100 million portfolio, expressed support for cryptocurrencies during a Senate hearing on April 21, 2026. He addressed questions on digital assets, monetary policy, and the Fed’s independence, with Senator Cynthia Lummis advocating for integrating cryptocurrencies into the financial system. Warsh’s stance signals a potentially more crypto-friendly approach if confirmed.
Strategy has gained $3.6 billion from Bitcoin, with its holdings now surpassing BlackRock as of April 2026. This increase reflects growing institutional confidence in Bitcoin’s future, though sustained growth will depend on favorable market conditions and regulatory support. The development highlights the increasing influence of institutional investors in the crypto space.
Kevin Warsh assured senators he would maintain strict independence if confirmed as Fed chair, emphasizing no influence from Trump on rate decisions. He suggested the Fed could consider rate cuts to benefit more Americans and called for clearer communication and fewer policy hints. Warsh also mentioned digital assets, indicating ongoing interest in their regulation and impact.