Daniel Batten’s research reveals new sustainable horizons on Bitcoin and ESG investments.
CH4 Capital’s CEO, Daniel Batten, has recently conducted and released a research, which positions Bitcoin as a potential main asset in relation to the Environment, Social, and Governance (ESG). According to Batten, with a current market capitalization of $724 billion, Bitcoin offers significant opportunity for sustainable investments.
The role of Bitcoin in the ESG market
Batten’s research suggests that if only 1% of the $23 trillion currently tied up in ESG funds were assigned to Bitcoin, its market capitalization could increase to about $1.68 trillion. An ambitious allocation target of 2.5% could instead bring market capitalization to about $3.3 trillion.
Bitcoin sustainability and environmental implications
Unlike conventional arguments about Bitcoin sustainability, Batten’s research highlights how Bitcoin network uses over 52% of sustainable energy, primarily thanks to the use of off-grid mining methods. Furthermore, Batten argues that BTC mining can effectively mitigate methane emissions, especially from landfills. This approach not only reduces a potent greenhouse gas but also provides a valid and profitable use for otherwise wasted energy.
Social and governing aspects of Bitcoin
In addition to environmental concerns, Batten’s research also focuses on the potential social benefits of Bitcoin, suggesting that Bitcoin could play a role in improving governance and fostering social benefits, particularly in underdeveloped regions afflicted by methane emissions. These assertions indicate that Bitcoin not only aligns with ESG criteria, but plays an important role in addressing some of the world’s most urgent environmental challenges.
The emergence of these new considerations could make Bitcoin an attractive option for ESG-oriented investors.