Grayscale’s top executive assessed the impact of quantum threats on Bitcoin’s value., 2026/05/05 16:50:43

The head of research at Grayscale Investments, Zach Pandl, stated that the risk of quantum attacks currently does not affect Bitcoin’s price and is not a significant market factor.

According to him, the price movements of the leading cryptocurrency in recent months are primarily linked to investors reassessing their risk levels, rather than potential threats posed by quantum computing.

“The risk to cryptography from quantum computers is likely not a major factor pressuring Bitcoin’s price, and in our view, valuations may recover even before a complete post-quantum upgrade,” Pandl elaborated.

He noted the behavior of stock prices of companies involved in quantum technologies, which have shown movements in sync with Bitcoin’s price in recent months. This contradicts the hypothesis that quantum technologies are exerting pressure on the crypto market: if such risks were successfully realized, the stocks of relevant companies should have demonstrated growth, according to the analyst.

In practice, the expert observes the opposite scenario: both the price of the leading cryptocurrency and the securities related to quantum technologies have declined. Pandl attributed this trend to a broader market movement.

“In our opinion, the decline in both Bitcoin and the stocks of quantum companies since October 2025 reflects an overall reduction in risk within growth-oriented portfolios, largely driven by concerns regarding the impact of artificial intelligence,” clarified the Grayscale Investments representative.

Pandl believes that the correlation between Bitcoin and advanced technological assets may persist going forward, particularly during the market recovery phase.

Previously, the founder of the blockchain platform Cardano, Charles Hoskinson, mentioned that approximately 1.7 million BTC could be vulnerable to attacks utilizing quantum computers.