Public Firms Expected to Invest $330 Billion in Bitcoin by 2029

Bernstein researchers predict that public companies could invest over $300 billion in Bitcoin by 2030. The forecast is based on the trend of firms adopting Bitcoin as a key asset on their balance sheets.

Key Points

  • MicroStrategy, now known as Strategy, has acquired 555,450 BTC, costing approximately $38 billion.
  • They recently purchased an additional 1,895 BTC for $180 million.
  • Corporate treasury investments in Bitcoin may reach $330 billion by 2029, with Strategy contributing an estimated $124 billion.
  • Between 2025 and 2030, listed firms could direct about $205 billion into Bitcoin.
  • If 20% of related firms allocated 25% of their treasury to Bitcoin, it could result in an influx of $190 billion.
  • Public companies currently hold around 720,898 BTC, valued at nearly $68 billion, up from 1.3% of total supply in late 2023 to 3.4% today.
  • Private companies own approximately 398,323 BTC, valued at over $37 billion.

The increase in corporate ownership coincides with regulatory changes simplifying access to Bitcoin. Strategy's systems allow continued purchases during market fluctuations, setting a possible framework for other companies.