Bitcoin Corporate Treasury Inflows Projected to Hit $330B by 2029: Bernstein
Corporate treasury purchases of Bitcoin are expected to surge to $330 billion within the next five years, according to a Bernstein research report. MicroStrategy (MSTR) is positioned as the dominant buyer, potentially acquiring an additional $124 billion worth of BTC in a bullish scenario. The Michael Saylor-led firm recently announced a $21 billion stock offering dedicated to expanding its Bitcoin holdings. This acceleration in corporate adoption underscores growing institutional confidence in Bitcoin as a treasury reserve asset, signaling a transformative shift in global finance.
Bitcoin Corporate Treasury Inflows Projected to Hit $330B by 2029: Bernstein
Corporate treasury purchases of Bitcoin could surge to $330 billion within the next five years, according to a Bernstein research report. MicroStrategy (MSTR) is positioned as the dominant buyer, potentially acquiring an additional $124 billion worth of BTC in a bullish scenario. The Michael Saylor-led firm recently announced a $21 billion stock offering dedicated to expanding its Bitcoin holdings.
The accelerating adoption of crypto-friendly regulations in the U.S. has catalyzed corporate Bitcoin accumulation, Bernstein analysts noted. Public companies currently control approximately 2.4% of Bitcoin’s total supply—equivalent to roughly 72,000 BTC—with smaller firms increasingly replicating MicroStrategy’s treasury strategy.
Beyond MicroStrategy, Bernstein anticipates $205 billion in Bitcoin acquisitions from other listed companies seeking to emulate this treasury model. The trend underscores growing institutional confidence in Bitcoin as a CORE reserve asset.
Bitcoin’s Potential Role in Stabilizing Switzerland’s Economy and Energy Transition
Switzerland’s embrace of cryptocurrency-friendly policies has positioned Bitcoin as a potential catalyst for economic revitalization amid slowing growth. The country’s tax-advantaged framework for Bitcoin transactions since 2018—exempting private capital gains and VAT—has already laid groundwork for deeper integration.
JAN3, a Bitcoin technology firm, suggests Switzerland could mirror El Salvador’s legal tender adoption to harness Bitcoin’s dual promise: economic stabilization through monetary innovation and energy transformation via mining infrastructure. Switzerland’s existing renewable energy grid presents a unique opportunity to sustainably onboard Bitcoin mining operations.
Bitcoin Eyes $100k Threshold As Cloud Mining Explodes; 5 Best Cloud Mining Sites To Earn Bitcoin
Bitcoin’s rally toward the $100,000 psychological threshold faces renewed pressure as the broader crypto market retreats. The global market cap dipped 0.9% to $3.12 trillion on May 2, erasing earlier gains. BTC briefly broke out of its $93,000-$95,600 range to hit a 10-week high of $97,930 before settling at $96,274.50—a 0.35% daily decline.
Trading volume plummeted 25% to $22.24 billion, signaling waning momentum. Despite the pullback, Bitcoin’s 1.60% weekly gain still outperforms the general crypto market’s 0.80% rise. Institutional accumulation continues, though macroeconomic uncertainty looms over risk assets.
US Bitcoin ETFs Outpace Miners, Absorbing 18,600 BTC in One Week
Spot Bitcoin ETFs in the United States have demonstrated unprecedented demand, acquiring 18,644 BTC last week—nearly six times the 3,150 BTC produced by miners during the same period. BlackRock’s IBIT led the charge with $2.5 billion in inflows over five days, marking 17 consecutive days without outflows.
Bitcoin’s price briefly touched $97,700 on May 2 before retreating to $94,224, with key resistance now forming at $95,750. The institutional appetite for Bitcoin continues to overshadow new supply, as miners generate only about 450 coins daily.
Bitcoin Faces Technical Resistance Amid Rally Slowdown
Bitcoin’s upward momentum has stalled after encountering a critical resistance zone, signaling potential for a short-term pullback. The cryptocurrency’s rejection at this level—marked by a confluence of technical factors—suggests a local top may be forming.
Three key technical indicators point to weakening bullish momentum: a trend channel ceiling, a high-volume node from November 2024 acting as resistance, and the completion of a bearish shark pattern. Traders are watching for confirmation of a reversal, which could see prices retreat toward $86,000.
The weekend’s price action showed clear hesitation after weeks of gains, with the resistance zone now serving as a make-or-break level for Bitcoin’s near-term trajectory. market participants await either a decisive breakout or confirmation of the correction scenario.
