The CEO of Morgan Creek Capital stated that Bitcoin is undervalued and currently in a "discount" state

Morgan Creek Capital CEO Mark Yusko stated that based on Metcalfe's Law, the fair value of Bitcoin is approximately $105,000, while the current price is around $75,000, which is in a "discounted" state and is the best time to buy and accumulate.

Yusko mentioned on Bitcoin Magazine TV that Bitcoin is the best way to protect personal wealth, and investing in companies is not a good choice in the long run. "In the past 30 years, 85% of companies will disappear. What you really need is an asset that protects value—historically, for 5,000 years, that has only been gold, and now we have gold and Bitcoin."

Bitcoin reached a high of $126,000 in October 2025 and has recently fallen about 40% from that peak, currently at $75,700. Previously, the U.S. Treasury announced it would at least double the scale of its liquidity support repurchase operations, driving Bitcoin to rebound since August, with the dollar under pressure and non-yielding assets benefiting. Some experts believe that the "devaluation trade," where investors buy assets to hedge against currency devaluation, is returning, which will be favorable for Bitcoin.