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Think trillions
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TL;DR: If Beijing lets mainland corporates copy-paste the MicroStrategy playbook, the sheer scale of China Inc.’s cash pile (≈ ¥119 trn ≈ US $16.7 trn) means even a 1 % treasury shift would inject US $170 bn of fresh demand—enough to nudge Bitcoin’s market cap from today’s US $2.15 tn to roughly US $2.32 tn and price to ~ US $117 k. A bolder 5 % or 10 % allocation could push the cap to US $3 tn–3.8 tn and price near US $150 k–192 k—before any multiplier from momentum traders or leverage. Add stock-market “Bitcoin treasury companies” (think “Mainland MicroStrategies”) that typically trade at a premium to their BTC per-share value, and the equity capitalisation alone could eclipse another US $½–1 tn. In short: if the gates swing open, a multi-trillion-dollar wave is waiting to crash into Bitcoin.
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