Public Companies’ Bitcoin Strategy: A Rare Phenomenon

Currently, a mere 0.01% of public companies globally hold the premier cryptocurrency, according to estimates from OKG Research.

OKG Research said that currently only 0.01% of listed companies in the world hold Bitcoin. According to conservative estimates, the amount of funds that can enter Bitcoin in the next year is about 2.28 trillion US dollars. These assets can push the price of Bitcoin to around…

— Wu Blockchain (@WuBlockchain) November 27, 2024

Experts clarified that the sample is incomplete. To date, 17 companies from the US and Japan have adopted a Bitcoin strategy, including the pioneer MicroStrategy with 386,700 BTC.

The mentioned figure represents just the tip of the iceberg in terms of potential for large organizations. The market is still in the “elite experiment” stage, specialists noted.

Conservative calculations suggest that the volume of funds public firms might invest in digital gold in 2025 is $2.28 trillion.

Such demand could push the asset’s price to $200,000, aligning with forecasts from BCA Research, Standard Chartered, and Bernstein.

Earlier, analysts from the latter predicted that by the end of 2033, MicroStrategy would hold 4% of the total supply of the first cryptocurrency — 830,000 BTC at a price of $1 million.

In October, the firm unveiled the “Plan 21/21,” aimed at attracting $42 billion over the next three years for purchasing digital gold.

Previously, the company’s founder, Michael Saylor, stated his intention to transform it into a Bitcoin bank with a market value of $1 trillion.