Bernstein predicts that corporate funds will invest $330 billion in Bitcoin before 2029, indicating increasing cryptocurrency acceptance.
A new forecast from the global research and brokerage firm Bernstein is attracting investor attention, suggesting that listed companies may allocate around $330 billion to Bitcoin from now until 2029. This prediction reflects a significant change in how public companies manage capital in a context of increasingly limited organic growth potential.
According to a report shared by Matthew Sigel, Head of Digital Assets Research at VanEck on platform X on 5/5, Bernstein expects that in the next 5 years (2025-2029), listed companies will invest approximately $205 billion in Bitcoin purchases. Notably, the leading group in this trend is expected to be small companies with low growth rates but abundant cash, which are seeking to emulate the "Bitcoin treasury" strategy pioneered by MicroStrategy (now renamed Strategy).
A New Value Creation Strategy for Companies with Limited Growth
Bernstein notes a clear similarity between Strategy's model and businesses with limited growth opportunities but possessing healthy financial balance sheets. These companies are considered to be in an ideal position to implement a Bitcoin accumulation strategy as an alternative path to creating shareholder value.
"When there is no clear path for tangible growth, the success of the MSTR model provides a rare avenue for value creation," Bernstein emphasized in the report.
MicroStrategy itself is intensifying its Bitcoin accumulation ambitions, recently raising its capital raising target to $84 billion before 2027 to purchase more Bitcoin. Bernstein estimates that MicroStrategy alone could generate an additional approximately $124 billion in investment capital in a price appreciation scenario.
Despite ongoing debates about cryptocurrency's high volatility and unclear legal framework, this trend is seen as a sign of growing recognition of Bitcoin's role as a sustainable value storage, especially in an environment of increasing inflation.
