Record-Holding IQ Genius Converts All Assets to Bitcoin, Predicts 100x Price Surge

YoungHoon Kim, the world's highest IQ record holder, has converted all his assets into Bitcoin, predicting that the cryptocurrency will grow at least 100 times in the next 10 years and become the "ultimate reserve asset" universally. Kim believes Bitcoin will be worth over $10 million in 10 years and that a Trump-linked Bitcoin mining firm will become the world's largest company by market capitalization. Bitcoin has made a comeback, rising over 3% in the last 24 hours, trading at $114,096.43.

YoungHoon Kim, the world's highest IQ holder, has recently made headlines by converting all his assets into Bitcoin, predicting a significant growth in the cryptocurrency's value. Kim believes Bitcoin will grow at least 100 times in the next 10 years, making it the "ultimate reserve asset" universally adopted. If Kim's prediction comes true, Bitcoin could be worth over $10 million within a decade.

Bitcoin has shown resilience, rising over 3% in the last 24 hours to trade at $114,096.43. Kim's confidence in Bitcoin's future is bolstered by his recent meeting with Matt Prusak, president of American Bitcoin (Nasdaq: ABTC), a Bitcoin mining firm co-founded by President Donald Trump's sons Donald Jr. and Eric. Majority-owned by Hut 8 (Nasdaq: HUT), the Trump family holds a minority stake in the firm. Tyler and Cameron Winklevoss, billionaire co-founders of the Gemini crypto exchange, have also backed the firm.

Kim's prediction has significant implications for the Bitcoin mining industry. He believes that American Bitcoin could become the world's largest company by market capitalization due to Bitcoin's exponential surge. However, the ABTC stock has been underperforming, closing at $6.58 on September 26, down from its opening price of $7 on September 22.

In a separate development, K Wave Media (Nasdaq: KWM) plans to launch an entertainment tokenization platform that will facilitate fractional ownership and transparent royalty distribution for films, concerts, and other creative works. Galaxy Digital has made a significant investment in KWM to support this initiative, which integrates Bitcoin payments. This move positions KWM at the forefront of digital finance within the entertainment sector.

While Kim's prediction is ambitious, the cryptocurrency market remains volatile and unpredictable. Investors should exercise caution and consider consulting with a licensed financial advisor before making any investment decisions.