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

According to recent Bernstein Research, companies could invest up to $ 330 billion in Bitcoin over the next five years.

“We expect Bitcoin entries of around $ 330 billion with businesses in the businesses in 2029,” said analysts.

This potential change suggests that Bitcoin goes from a speculative asset to a legitimate business treasure option. They added that, over the next five years, “we expect the listed companies to go and go about $ 205 billion in capital for the acquisition of Bitcoin.”

This will be led by “small growth companies, trying to imitate the Bitcoin of Strategy cash model,” they added.

Bernstein: “We expect ~ $ 330 billion in the business treasury have led Bitcoin entries by 2029th.
Over the next 5 years (CY25E-29E), we expect listed companies to allocate ~ $ 205 billion in capital for the acquisition of Bitcoin, led by small growth companies, trying to imitate the Bitcoin Treasury of MSTR… pic.twitter.com/rpgxklg1gt

– Matthew Sigel, CFA Recoreing (@matthew_sigel) May 5, 2025

Corporate accumulation

Researchers of the wealth management giant predicted that companies with $ 100 million or more in cash reserves could contribute $ 190 billion to BTC allowances. Small strong growth companies could add $ 11 billion by 2026, and even conservative estimates suggest that $ 5 billion could come from ten large companies by 2027.

The researchers made most of their predictions by comparing them to the strategy model of Michael Saylor (formerly Microstrategy), which was a huge success.

“In our case of a bull, we expect $ 124 billion in strategy entries to be reaffirmed by their recently reinforced capital elevation plans,” they said.

Small businesses with low growth and high cash have a “better market adjustment with the Bitcoin Playbook strategy”, they said before adding:

“There is no visible road to come for them for the creation of value, and the success of the MSTR model offers them a rare growth path.”

However, Bernstein has warned that not all companies cannot successfully reproduce the strategy model, and its performances strongly depend on the movements of Bitcoin prices.

Strategy: the industry leader

Michael Saylor's software company spent more than $ 180 million to acquire an additional 1,895 BTC on May 5. This brings the total assets to 555,450 BTC, worth $ 52.5 billion at current market prices.

The company has an average cost purchase price in dollars of $ 68,569 per BTC, which generated an unable profit of almost 38%, or more than $ 14 billion, according to at Saylor Tracker.

This has also been reflected in the company's equity prices, which have increased by 97% since the start of the year, according to to Google Finance. Compared, Bitcoin is negotiated very close to the levels for which he changed his hands on January 1.

According to Bitbo, public companies collectively hold more than 723,000 BTC worth more than $ 68 billion. Operating and data center companies, marathon digital funds, riot platforms and Cleanspark monitoring strategy in terms of detailed amount.