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![IIICapital Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::967859267352059911.png) Joe Burnett, MSBA [@IIICapital](/creator/twitter/IIICapital) on x 99K followers
Created: 2025-07-16 12:37:41 UTC

Passive capital is chasing bitcoin to $1,000,000+ with @saylor.

- Long-term CAGR for bitcoin (~20%) vs S&P XXX
- The rise of bitcoin treasury companies
- Will treasury companies trade below 1x mNAV?
- MSTR to join the S&P 500?
- Bitcoin gold parity

![](https://pbs.twimg.com/media/Gv-oqD7WsAAdjqC.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945462844767572460/c:line.svg)

**Related Topics**
[mstr](/topic/mstr)
[longterm](/topic/longterm)
[saylor](/topic/saylor)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)
[bitcoin gold](/topic/bitcoin-gold)

[Post Link](https://x.com/IIICapital/status/1945462844767572460)