[hahahahe]

Think more interesting number would be total paid-in capital. That would be a better metric to gauge the baseline value. My guess is it’s closer to $10-20B.

[anm89]

https://bitcointreasuries.org/ indicates that $51,841,521,637 has been paid in just over the last few years and that's just a few companies.

Your figure is off by an order of magnitude. Greyscale alone has purchased more than that amount.

[nwah1]

Exactly. Spot price and "market cap" are meaningless for something with purely speculative value.

The relevant figure is total paid-in, minus total withdrawn, to be more precise.

And probably we can't know, given that entities like Tether refuse to show their books.

[jccodez]

i only use it to buy weed.