A significant increase in corporate bitcoin adoption is anticipated, with estimates suggesting that 20% of the 55,000 public companies could hold bitcoin in the near future, translating to around 11,000 companies. This perspective comes from industry experts at Bitwise’s Bitcoin Standard Corporations Investor Day, where prominent figures like Michael Saylor stated bitcoin's superiority as an asset class compared to others. Currently, 79 public companies hold bitcoin. The panel also highlighted how firms are investing in bitcoin as a treasury strategy amidst financial challenges, with Semler Scientific being an example. Additionally, new ventures such as Twenty One Capital plan to launch with substantial bitcoin holdings. The discussion emphasized that once major companies like those in the ‘Magnificent 7’ start accumulating bitcoin, it may trigger a wider adoption across the corporate landscape. Given the inherent volatility of bitcoin, aligning board perspectives for a long-term view is essential for companies considering such investments.

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