Bernstein predicts that companies will buy another $330 billion in Bitcoin by 2029

Odaily News Wall Street brokerage Bernstein predicts that by the end of 2029, global corporate finances will add $330 billion in Bitcoin purchases. Among them, MicroStrategy is expected to contribute about $124 billion, and the remaining $205 billion will come from slower-growing small and medium-sized enterprises. The report pointed out that the crypto-friendly regulatory environment in the United States has promoted the trend of corporate currency holdings. Currently, listed companies hold a total of about 720,000 BTC, accounting for 2.4% of the total supply. But Bernstein also warned that MicroStrategy's model is difficult to be fully replicated. (CoinDesk)