Bernstein predicts that companies will buy another $330 billion in Bitcoin by 2029
according to CoinDesk, Wall Street brokerage Bernstein predicts that by the end of 2029, global corporate treasuries will add $330 billion in bitcoin purchases. Among them, MicroStrategy is expected to contribute around $124 billion, with the remaining $205 billion coming from slower-growing small and medium-sized enterprises. The report points out that the crypto-friendly regulatory environment in the United States is driving the trend of companies holding bitcoin. Currently, publicly traded companies collectively hold around 720,000 BTC, accounting for 2.4% of the total supply. However, Bernstein also warns that MicroStrategy's model is difficult to fully replicate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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