Matt Hougan: "Growing distrust in the dollar... Companies will continue to buy Bitcoin"

Amid growing concerns about dollar weakness and fiscal instability, there is an emerging trend of companies globally choosing Bitcoin (BTC) as a hedge against risk.

According to the cryptocurrency-focused media outlet The Daily Hodl on the 12th (local time), Matt Hougan, Chief Investment Officer (CIO) of Bitwise, said in a recent CNBC interview, "The excessive issuance of dollars and growing fiscal deficits in the United States are eroding the real value of traditional assets," adding, "Now companies need new ways to preserve their asset value, and among the strongest alternatives is Bitcoin."

He added, "This is not just a passing fad but a 'megatrend,' and it will only accelerate in the future."

He explained, "Currently, companies are holding record-high levels of cash, but the strategy of simply putting funds in treasury bonds or cash equivalents is no longer effective."

Hougan predicted that the number of listed companies adding Bitcoin to their balance sheets could reach thousands. He emphasized, "Market participants are evaluating Bitcoin strategies positively, and the companies making these bold decisions are actually being rewarded."

He further noted, "We are only in the bottom of the first inning or top of the second. This trend is accelerating. It's a very exciting time," he added.