Will Bitcoin Replace Dollar, Reach 'Infinity'? | Di Lewis

Watch on YouTube ↗  |  May 19, 2025 at 15:38  |  27:17  |  The David Lin Report
Speakers
Di Lewis — CFO, BTC Inc.

Summary

Di Lewis, CFO of BTC Inc., discusses his year-end Bitcoin target of $140,000-$150,000, expecting near-term consolidation followed by a step-ladder move higher as macro headwinds turn into tailwinds. He also explains why stablecoins currently dominate Bitcoin as a medium of exchange but may lose out long-term to Bitcoin's debasement hedge. The conversation covers the BTC Vegas conference, heavy White House and political participation, corporate Bitcoin adoption including Strategy's potential S&P 500 inclusion, and the Cantor Equity Partners/21 Capital Bitcoin acquisition plan.

  • Di Lewis forecasts Bitcoin at $140,000-$150,000 by year-end after two to three months of consolidation.
  • He sees tariff progress, below-expectation inflation, and potential Fed rate cuts as Bitcoin tailwinds.
  • Stablecoins are currently more convenient for payments, but he expects Bitcoin to win long-term as a debasement hedge.
  • Coinbase's S&P 500 inclusion is viewed as a significant step for crypto adoption, with Strategy potentially next.
  • Cantor Equity Partners' $458 million Bitcoin acquisition plan with 21 Capital is seen as accelerating corporate Bitcoin adoption.
  • BTC Vegas is expected to feature major political speakers and policy discussion around stablecoin regulation and the strategic Bitcoin reserve.
  • Di Lewis prefers direct Bitcoin self-custody over Bitcoin proxy vehicles despite proxies' leveraged upside.
Ideas
Di Lewis CFO, BTC Inc. 17:10
Coinbase S&P inclusion signals crypto trend
Di Lewis argues Coinbase's addition to the S&P 500 is underappreciated because passive investors who may not care about crypto now automatically get direct exposure to a crypto exchange. He sees it as the beginning of a broader trend of crypto-related companies entering major benchmarks.
COIN MED
Di Lewis CFO, BTC Inc. 17:35
Strategy likely next S&P 500 add
Di Lewis sees Coinbase's S&P 500 inclusion as the start of a trend and thinks Strategy, formerly MicroStrategy, could be next, potentially as early as next month if Bitcoin prices hold current levels. He views a Strategy index inclusion as accretive to Bitcoin and other crypto-linked companies and as another flywheel for institutional exposure.
STRATEGY MED
Di Lewis CFO, BTC Inc. 19:11
21 Capital boosts corporate Bitcoin adoption
Di Lewis calls the Cantor Equity Partners and 21 Capital $458 million Bitcoin acquisition plan massive, saying it could immediately make the combined entity the third-largest corporate Bitcoin holder and eventually the second-largest behind Strategy. He views it as evidence that the floodgates are opening for corporate Bitcoin adoption and as positive for Bitcoin.
CEP 21 Capital HIGH
Di Lewis CFO, BTC Inc. 21:14
Own Bitcoin directly, not proxies
Di Lewis says he would rather own Bitcoin directly than through a Bitcoin proxy vehicle such as Strategy, even though proxies have offered leveraged upside. He values self-custody and holding the underlying asset because it avoids third-party risk and provides advantages beyond price appreciation.
BTC MED
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This The David Lin Report video, published May 19, 2025, features Di Lewis discussing COIN, STRATEGY, CEP, 21 Capital, BTC. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Di Lewis  · Tickers: COIN, STRATEGY, CEP, 21 Capital, BTC