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Bitcoin ‘Severely Undervalued’ vs Gold, Says Lightspark CEO as Tokenized Gold Hits $3B
Yahoo Finance· 2025-10-08 01:33
Lightspark CEO David Marcus claimed that Bitcoin remains “severely undervalued” compared to gold, suggesting the cryptocurrency could reach $1.3 million if it matched gold’s market capitalization. “I still feel Bitcoin is severely undervalued, especially if you compare it to gold,” Marcus said during a Monday interview with Bloomberg, adding that Bitcoin would trade at $1.3 million per coin at gold parity. The statement came as Bitcoin touched a fresh all-time high above $126,000 on October 7, while to ...