Bitcoin Could Appear on 25% of S&P 500 Balance Sheets by 2030, Says Architect Partners
A prediction from Architect Partners indicates that by 2030, a quarter of S&P 500 companies are expected to include Bitcoin on their balance sheets as a treasury asset.
Key Highlights:
- Architect Partners forecasts that by the year 2030, Bitcoin could be included on a quarter of the balance sheets of S&P 500 firms.
- Their strategy, focused on BTC, has shown better performance compared to both the S&P 500 and Bitcoin since 2020.
- Treasury managers might face job risks for not investing in Bitcoin given the current trends.
Bitcoin is transitioning from merely a trading asset to potentially a staple in corporate treasury practices. According to market insights provided by Elliot Chun, a partner at Architect Partners, “By 2030, I anticipate that a quarter of the S&P 500 will have BTC on their balance sheets as a long-term investment.”
Translation: By 2030, I foresee that a quarter of S&P 500 companies will have Bitcoin as a long-term investment on their balance sheets.
The unusual approach taken by Strategy (previously MicroStrategy), which began in August 2020, of holding Bitcoin as a treasury reserve aimed at hedging against inflation and diversifying assets has garnered significant attention. Since then, the company’s stock has dramatically increased in value, considerably surpassing both S&P 500 and Bitcoin growth during that timeframe.
Recently, GameStop announced they would raise $1.3 billion through a convertible note for Bitcoin purchases. After initially surging, its stock faced a nearly 15% decline.
Chun suggests that treasury managers may soon not only risk their careers by avoiding Bitcoin but that ignoring it entirely is not an option any longer. According to BitcoinTreasuries data, publicly listed companies currently own 665,618 BTC, which accounts for roughly 3.17% of Bitcoin’s total supply, with Strategy holding the majority at 506,137 BTC.
Read more: U.S. Listed Firms Continue Bitcoin (BTC) Treasury Adoption
