Is Jack Mallers Trying to Become Bitcoin Royalty?
Jack Mallers, the face behind Strike, just dropped a wild hint that he and Tether could be planning to own up to 5% of all Bitcoin. Yeah, that’s not a typo. That’s nearly 1 million BTC — which, if true, would be one of the boldest plays in crypto history.
Mallers said it during an interview on the Supply Shock podcast, where he told people to “use your imagination.” That alone has crypto Twitter spinning. He didn’t confirm exactly how much Bitcoin they’ve bought or plan to buy, but he made it sound like they’re thinking long-term and thinking big.
What’s got people talking isn’t just the number—it’s the partnership. Strike and Tether teaming up raises real questions about centralization, power, and what it means when private companies aim to dominate the most decentralized asset.
So what’s the endgame? Mallers kept things vague, hinting at “doing good for the world” and combining the lessons he’s learned with Tether’s scale. Sounds visionary, but critics are watching closely. So far, no official roadmap or details have been released. Just one really big number—and a lot of speculation.
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