Summary:
According to a recent report, corporate treasury portfolios acquiring Bitcoin could reach $330 billion by 2029. Publicly listed companies plan to invest $205 billion in Bitcoin, with Strategy aiming to acquire $124 billion. The limited supply of Bitcoin poses a challenge, but the positive regulatory environment in the U.S. is encouraging more organizations to own Bitcoin.
Strategies and Investment Plans
The report indicates that publicly listed companies globally are planning to invest around $205 billion in Bitcoin acquisition strategies. One key player in this is Strategy, led by Michael Saylor, which aims to acquire an additional $124 billion worth of Bitcoin. The challenge lies in the limited supply of Bitcoin, which could lead to supply shortages and significant gains if demand exceeds supply.
Bitcoin 2029
The regulatory approach towards cryptocurrencies in the U.S. has increased the number of organizations owning Bitcoin. Currently, publicly traded companies hold about 2.4% of the total Bitcoin supply as balance sheet items. Strategy recently added 1,895 Bitcoins to its portfolio, strengthening its investment strategy. Global macroeconomic developments and regulatory opportunities may drive institutional investors to implement more aggressive strategies, supporting diversification of portfolio management strategies.
