Morgan Creek Capital CEO Mark Yusko said Bitcoin's fair value is $105,000 under a Metcalfe's Law model, compared with a recent market price of $75,701. Bitcoin reached $126,080 in October 2025, placing the recent price about 40% below that peak. Speaking on Bitcoin Magazine TV on Wednesday, Yusko described the cryptocurrency as being on sale and said investors should accumulate it. He argued that Bitcoin and gold can protect value over the long term, contrasting them with equities, where he said 85% of companies disappear over 30 years. Bitcoin's August rally followed news that the U.S. Treasury would at least double liquidity-support buyback operations, reviving interest in the debasement trade as a potential support for non-yielding assets.