Corporate Treasuries Poised to Inject $330 Billion into Bitcoin by 2030: Bernstein Report

A recent Bernstein research report highlights a seismic shift in corporate treasury strategies, projecting that businesses could allocate up to $330 billion to Bitcoin over the next five years. The analysis suggests Bitcoin's evolution from a speculative asset to a legitimate reserve option is gaining momentum, with public companies alone expected to contribute $205 billion to BTC acquisitions by 2029. Small-cap firms, particularly those experiencing stagnant growth, are emerging as early adopters, following MicroStrategy's pioneering approach to corporate Bitcoin holdings. This institutional embrace signals growing confidence in Bitcoin's role as a treasury reserve asset and could dramatically reshape the cryptocurrency's market dynamics through 2030.

Corporations Could Add $330B to Bitcoin Treasuries in Next 5 Years: Bernstein

Corporate treasuries may funnel as much as $330 billion into bitcoin over the next half-decade, according to Bernstein research. The asset's maturation from speculative gamble to legitimate reserve option is accelerating.

Public companies alone could deploy $205 billion toward BTC acquisitions by 2029, analysts project. Small-cap firms with stagnant growth are leading the charge, replicating MicroStrategy's pioneering treasury strategy.

KuCoin Denies 77.6% Bitcoin Reserve Drop Amid KYC Backlash

KuCoin has forcefully rejected claims of a 77.6% plunge in its Bitcoin reserves following the exchange's implementation of mandatory Know-Your-Customer (KYC) protocols. The controversy stems from CryptoQuant data suggesting significant outflows after KYC rumors emerged in early June and the policy's formal announcement on June 28.

While centralized exchanges globally face reserve declines, KuCoin's alleged 77.6% Bitcoin exodus stands out. Analysts interpret this as evidence of user sensitivity to privacy and compliance changes—a trend reshaping crypto markets as regulatory scrutiny intensifies.

The exchange maintains the reported figures are "factually incorrect and highly misleading," asserting its BTC reserves remain robust. This dispute highlights growing tensions between user anonymity demands and exchanges' compliance obligations in an evolving regulatory landscape.

Bitcoin Nears Golden Cross Amid Mixed Analyst Sentiment

Bitcoin flirts with a bullish technical formation as its price consolidates between $92,000 and $98,000. The potential golden cross—a historically significant indicator—has drawn attention from analysts like Titan of Crypto, who notes concurrent MACD indicator strength.

Market observers remain divided. While some interpret the technical setup as precursor to upward momentum, others warn of underlying weakness that could trigger corrections. The lack of decisive price action reflects broader uncertainty in crypto markets.

Florida Abandons Bitcoin Reserve Legislation, Stalling State-Level Crypto Adoption

Florida has withdrawn two proposed bills aimed at establishing a strategic Bitcoin reserve, marking another setback for state-level cryptocurrency initiatives. House Bill 487 and Senate Bill 550 were officially shelved on May 3, following the legislative session's adjournment without action on the crypto measures.

The bills WOULD have authorized Florida's financial officers to allocate up to 10% of select state funds into Bitcoin. Despite an extended legislative session for budget negotiations, the crypto proposals will not be revisited. This development reflects growing hesitation among US states to embrace digital assets as reserve holdings.

VanEck Reveals Bitcoin’s Fleeting Freedom from Stock Market Chains — Will It Last?

Bitcoin briefly decoupled from traditional equities during the week ending April 6, rising from $81,500 to over $84,500 amid a global market selloff triggered by US tariff announcements. VanEck's Matthew Sigel noted this divergence as the S&P 500 and Gold slumped—a rare instance of BTC outperforming risk assets.

The independence proved ephemeral. Bitcoin swiftly reverted to correlated behavior with equities, underscoring its unresolved tension between acting as a risk-on asset or an uncorrelated store of value. Market observers question whether macroeconomic forces or institutional adoption will ultimately dictate its price action.

Florida Withdraws Bills for Strategic Bitcoin Reserve, Arizona Proposal Still Pending

Florida has indefinitely shelved two legislative proposals that sought to establish a Strategic Bitcoin Reserve, marking another setback for crypto-focused state policies. House Bill 487 and Senate Bill 550—which proposed allocating up to 10% of public funds to BTC—were formally withdrawn from consideration on Saturday.

The MOVE leaves Arizona as the sole remaining state with an active legislative push for bitcoin treasury allocation. Its bill now awaits the governor's signature, potentially setting a precedent for institutional crypto adoption at the state level.