BTC WILL BECOME EVEN SCARCER - COMPANIES START ACCUMULATING BITCOIN
Lately, more and more companies are diversifying their treasuries into #Bitcoin.
Giant companies like #Strategy, #MarathonDigitalHoldings, and Riot Platforms are accumulating BTC worth billions of dollars.
Other medium-sized companies are also starting to accumulate BTC, such as Rumble, Gamestop, Metaplanet, Atai Life Sciences, Trump Media, and others. Experts estimate that institutional BTC holdings could reach $330 billion by 2029.
Why are these companies creating a Corporate Bitcoin #Treasury?
Here are 4 reasons I noted:
1️⃣ Asset Diversification
Companies want to diversify their assets beyond just stocks, cash, or government bonds.
2️⃣ Hedging
To protect currency value against inflation.
3️⃣ Potential Gain
BTC is one of the best long-term assets to hold for potential gains.
4️⃣ Public Perception
Companies that hold BTC are perceived by the public as forward-thinking, innovative, savvy, and in tune with the times.
👉Here is my Personal opinion:
I believe converting a portion of a company's treasury into BTC is a smart move, though of course it should be adjusted based on each company's risk appetite.
I think over the next 3–5 years, this move will become a trend and will make $BTC even scarcer, pushing its price even higher — entering a new phase where BTC adoption becomes mainstream.
❓What do you guys think?
Drop your thoughts in the comments below.