Corporate Treasuries Could Inject $330 B Into Bitcoin by 2029
Key takeaways from Bernstein’s latest report: Roughly 2,000 listed companies hold about $3.8 T in cash. If they follow MicroStrategy’s allocation playbook, around $205 B could flow into BTC over the next five years. MicroStrategy alone might add another $124 B. Together, that brings potential corporate inflows to roughly $330 B. Public companies already own about 720 k BTC (≈2.4 % of total supply), up from 1.3 % at the end of 2023.
A friendlier U.S. regulatory environment could accelerate balance-sheet adoption.
Why it matters:
A steady wave of corporate-treasury demand, paired with a shrinking exchange float, sets the stage for a structural BTC supply squeeze. Watch earnings calls—cash-rich, low-growth firms may become the next wave of hodlers.