Corporate Treasury Inflows in Bitcoin Expected to Reach $330 Billion by 2029
Bernstein predicts significant increases in corporate investments in Bitcoin over the next five years.
In a recent research report, Bernstein disclosed that corporate purchases of Bitcoin (BTC) may hit $330 billion by 2029.
- Strategy (MSTR) is expected to be the largest buyer, potentially acquiring another $124 billion of Bitcoin according to Bernstein’s bullish forecasts. The firm further stated that smaller companies focused on growth might direct approximately $205 billion towards Bitcoin acquisition strategies.
A previous announcement highlighted that *Michael Saylor’s Strategy has initiated an offering of $21 billion for Bitcoin purchases.
„The U.S.’s pro-crypto regulatory environment has accelerated the growth of corporate Bitcoin ownership,” wrote analysts led by Gautam Chhugani.
Public companies currently possess about 2.4% of Bitcoin’s total supply, totaling around 720,000 BTC on their balance sheets. However, the report cautioned that not all attempts to replicate Strategy’s model will be equally fruitful. Recently, Strategy acquired an additional 1,895 Bitcoin for $180.3 million.
