๐ข$BTC ๐ข$ETH ๐ข$BNB ๐ข
Bernstein expects companies to purchase an additional $330 billion in Bitcoin by 2029
๐ค๐ฅOn May 6, Bernstein, a Wall Street brokerage firm, according to CoinDesk, expects that by the end of 2029, global financial institutions will purchase an additional $330 billion in Bitcoin. It is expected that
MicroStrategy will contribute approximately $124 billion to this amount, while the remaining $205 billion will come from slower-growing small and medium-sized companies. The report noted that the crypto-friendly regulatory environment in the United States is driving the trend of companies owning cryptocurrencies. Currently,
publicly traded companies hold a total of approximately 720,000 BTC, which represents 2.4% of the total supply. However, Bernstein also warned that MicroStrategy's model would be difficult to replicate on a large scale
