#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Nobel laureate Eugene Fama predicts that Bitcoin will drop to zero within 10 years.
Odaily Planet Daily News: Eugene F. Fama, the Nobel laureate in economics known as the 'father of modern finance,' predicts in the Capitalisnt podcast that BTC will drop to zero within 10 years. He believes that blockchain-based financial systems require excessive computing power, making them unsustainable. He argues that cryptocurrencies violate the basic rules of medium of exchange and their value is highly unstable. He also questions the positioning of BTC as 'digital gold' and believes that without practical use, it will be worthless. (Decrypt)