The post Bernstein Predicts $330B BTC Allocation by Public Firms by 2029 appeared on BitcoinEthereumNews.com.

Analysts at Bernstein have projected that publicly traded companies could pour $330 billion into Bitcoin over the next five years. A large portion of this investment is expected to come from Strategy due to its aggressive and consistent accumulation of Bitcoin. Since Bitcoin (BTC) was created in 2009, the token has come a long way from being a niche digital asset to a mainstream financial instrument. Starting from humble beginnings, priced around $100 when it initially entered the market, Bitcoin shot up to $10,000 and, in January 2025, touched an all-time high of $109,000. What sets Bitcoin apart from other currencies is its decentralized form. With no government to hold sway over it, Bitcoin has been gaining popularity with many as a representation of independence in terms of finance, an alternative to traditional, central banking systems. Bernstein Forecasts for BTC Bernstein, an asset management and research firm, published a report on Monday with a bold projection: public companies could invest over $330 billion into Bitcoin by 2029. This estimate includes nearly $205 billion from listed corporations directly, with an additional $124 billion expected from firms adopting MicroStrategy’s capital deployment approach. According to Bernstein’s analysts, “Small, low-growth public companies with excess cash and limited prospects are likely to emulate MSTR’s Bitcoin treasury strategy.” The firm identified roughly 2,000 companies globally that match this profile, collectively holding around $3.8 trillion in cash and equivalents. This bullish outlook stems from the influence of Michael Saylor’s company, Strategy (formerly MicroStrategy). Ever since it made its first purchase in 2020, when it acquired 21,454 BTC at $250 million, the company has been adding reserves to its coffers. Strategy now owns 555,450 BTC, making it the biggest corporate Bitcoin owner. In its most recent move, the company acquired 1,895 BTC for $180.3 million, paying approximately $95,167 per…

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Filed under: News - @ May 8, 2025 4:28 am