Bernstein Forecasts $330B in Corporate Treasury Inflows into Bitcoin by 2029

A new report from Bernstein reveals that Bitcoin could see an influx of $330 billion from corporate treasuries by 2029, as more businesses look to diversify their assets with the digital currency.

The report underscores the growing trend of companies using Bitcoin as part of their treasury management strategy. Bernstein expects that public companies, particularly those that have already invested in Bitcoin like MicroStrategy, will continue to lead this trend. MicroStrategy is projected to contribute a large share of the anticipated capital, with the company already well-known for its aggressive Bitcoin accumulation strategy.

This rise in corporate demand for Bitcoin is largely driven by inflation concerns and the increasing recognition of the cryptocurrency as a store of value. The easing of regulatory hurdles in the U.S. has also encouraged more businesses to add Bitcoin to their balance sheets, according to Bernstein’s analysts.

In total, Bernstein anticipates that corporate purchases will contribute $330 billion to the market by the end of the decade. Other companies, beyond just MicroStrategy, are expected to invest a combined total of $205 billion. As more firms adopt Bitcoin as an alternative reserve asset, Bernstein suggests that this could have a significant impact on Bitcoin’s price and market dynamics.

Currently, publicly traded companies hold approximately 720,000 BTC, which represents around 2.4% of the total Bitcoin supply. As the trend of Bitcoin adoption expands, Bernstein predicts that these holdings will grow, potentially creating more upward pressure on the asset’s price.

While corporate adoption of Bitcoin continues to rise, Bernstein’s report highlights the potential for volatility in the short term. However, as the market matures, Bitcoin could increasingly become a mainstream asset class for corporate treasury diversification.