Architect Partners: 25% of S&P 500 corporate balance sheets may contain Bitcoin by 2030

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PANews
03-30
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PANews reported on March 31 that according to CoinDesk, Elliot Chun, a partner at Architect Partners, wrote in a market observation report: "Based on various strategic layouts, it is predicted that by 2030, 25% of S&P 500 companies will include Bit as a long-term asset on their balance sheets." Chun pointed out that since MicroStrategy (now renamed Strategy) first adopted Bit as a reserve asset in August 2020, the company's stock price has soared by over 2000%, far outperforming the S&P 500 index and Bit itself.

Game retailer GameStop became the latest follower, announcing this week that it will raise $1.3 billion through convertible notes to allocate towards Bit. After the news was announced, its stock price rose immediately but then entered a correction, dropping nearly 15% for the week. Chun warned that the career risks facing corporate financial officers will be reversed - in the future, it will not be the decision to "buy Bit" that is questioned, but the choice to "completely avoid Bit". He emphasized: "Continuing to take a wait-and-see attitude is no longer a prudent strategy."

According to BitcoinTreasuries data, listed companies currently hold 665,618 Bit, accounting for approximately 3.17% of the total Bit supply. Among them, MicroStrategy dominates with a holding of 506,137 Bit.

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