Analysts at Bernstein predict that corporate treasuries will acquire approximately $330 billion in Bitcoin within the next five years. The main driver behind this growth is expected to be Strategy, formerly known as MicroStrategy, which has been a pioneer in purchasing Bitcoin as a treasury asset. The report suggests that while larger firms will dominate these acquisitions, numerous smaller companies are likely to follow suit, adopting similar strategies for cash management and growth. The trend began when MicroStrategy started buying Bitcoin in 2020, and since then, the company's stock has surged significantly. The analysts caution, however, that not all companies will succeed simply by emulating this model, as fluctuating Bitcoin prices present inherent risks. The recent surge in Bitcoin's value has attracted considerable attention from various sectors, reinforcing its position as a potential inflation hedge and an alternative to traditional cash reserves.

Source 🔗