Morgan Creek CEO Says BTC Is Undervalued... Fair Value at $105K

Morgan Creek Capital Management CEO Mark Yusko said Bitcoin is undervalued. In an interview with Bitcoin Magazine, he stated the fair value of Bitcoin according to Metcalfe's Law is approximately $105,000, while the current price is around $75,000, calling it a good time to buy.
Yusko explained that Bitcoin is the best way to protect personal assets. He noted corporate investments are not ideal long-term choices as 85% of companies have disappeared over the past 30 years. What people truly need is an asset that preserves value, historically fulfilled by gold for 5,000 years, and now with both gold and Bitcoin available.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 모건크릭 CEO "BTC 저평가돼 있다... 적정가 $10.5만"