Bernstein predicts that by 2029, companies will purchase an additional $330 billion in Bitcoin
According to PANews, Bernstein estimates that by the end of 2029, global corporate finances will add $330 billion in Bitcoin purchases. MicroStrategy is expected to contribute approximately $124 billion, with the remaining $205 billion coming from small and medium-sized enterprises. The report notes that the crypto-friendly regulatory environment in the U.S. is driving the trend of corporate Bitcoin holdings. Currently, publicly traded companies hold approximately 720,000 BTC, accounting for 2.4% of the total supply. However, Bernstein warns that MicroStrategy's model is difficult to replicate.