Bitcoin Braces for $330B Corporate Cash Deluge by 2029 – Wall Street Finally Wakes Up

Bernstein’s bombshell report predicts institutional FOMO will flood Bitcoin with corporate billions—just as legacy finance finishes its fifth ’crypto is dead’ obituary.

Analysts project a tsunami of institutional adoption, with $330 billion poised to enter BTC markets by 2029. The trigger? Apparently corporations needed eight years of 200%+ returns to notice this ’internet money’ thing might stick around.

While pension funds still debate ’blockchain not Bitcoin,’ smart money’s already stacking sats—proving once again that Wall Street innovation moves at the speed of a fax machine.

Source: Bernstein

In addition, Bernstein noted that Strategy (formerly MicroStrategy) would attract about $124 billion in inflows into BTC. The analysts cited Strategy’s recent $84 billion capital plan for BTC buys. 

This raises an important question: If confirmed, how would the projection influence Bitcoin’s price?

Bitcoin price impact

For starters, Bernstein maintained that the BTC could hit a cycle peak of $200K by the end of 2025.

Afterward, the asset could eye $500K by 2029 and rally to $1 million by the end of 2033. However, the analysts also warned of a one-year interval of a bear phase. 

The impact of institutional inflows into BTC has been a major price catalyst since U.S. spot ETFs debuted in early 2024. 

So far, the products have attracted cumulative inflows of $40.7 billion. In fact, analysts believe that the rally from $35K to $74K in 2024 was driven by these massive inflows. 

The attached Coinglass chart reiterated the above trend. Most ETF inflows (green bars) led to BTC price surges. On the contrary, outflows (red) tend to drag it lower. 

Source: Coinglass 

That said, Bernstein’s outlook was conservative compared to Ark Invest’s bold projection. Ark Invest expected BTC to hit $2.4 million by 2030 due to massive adoption and scarcity. 

Away from the bullish long-term outlook, BTC’s short-term recovery faced uncertainty ahead of the Fed rate decision on the 7th of May.

Despite erasing part of the recent gains, analyst Mathew Hyland stated that the asset was still in a bullish market structure provided it stays above $90K. 

“BTC structure is bullish. Favors higher in the future…” 

Source: X