Corporate Treasuries to Flood Bitcoin with $330B by 2029—Because Who Needs Bonds?
Wall Street’s latest love affair? Bitcoin. Bernstein analysts predict corporate balance sheets will shovel a staggering $330 billion into BTC within five years—because apparently, gold and T-bills just don’t cut it anymore.
The Big Bet:
Institutional FOMO is real. With macro uncertainty looming (thanks, Fed), companies are swapping ’safe’ assets for the digital wild west. Volatility? Just a minor detail when your CFO worships at the altar of ’number go up.’
The Punchline:
Meanwhile, traditional bankers are left clutching their spreadsheets—because nothing says ’hedge against inflation’ like an asset that can swing 20% before lunch.