Elliot Chun, a partner at the tech-focused financial advisory firm Architect Partners, forecasts that by 2030, one in four S&P 500 companies will have Bitcoin on their balance sheets.
Radical prediction? Only two S&P companies currently own Bitcoin – Tesla and Block.
But with more and more companies setting themselves up as Bitcoin treasuries – Metaplanet – or rushing to build their own reserves – GameStop – Chun calculates that S&P 500 companies won’t dare risk being left behind.
Treasury managers’ apprehension about missing out on potential gains, which could place their positions at risk, will drive Bitcoin adoption.
And one presale (BTC Bull Token) is uniquely positioned to benefit the most from Bitcoin’s ascension with free $BTC airdrops.
Bitcoin Corporate Adoption Fueled By Strategic Acquisitions
Strategy (formerly MicroStrategy) stands out as the largest corporate holder of Bitcoin among 89 publicly traded firms. Broader market sentiment among tech leaders is optimistic.
Companies that have integrated Bitcoin into their treasury strategies have witnessed remarkable stock performance; Michael Saylor’s MicroStrategy stock has surged over 2,000% since its initial Bitcoin investment in 2020.
And Saylor doesn’t appear to be slowing down.
Chun’s analysis highlights that one reason companies flock to Bitcoin is because, ultimately, it’s pretty easy to build a Bitcoin reserve.
A gold reserve, for example, requires:
- Funds to purchase gold
- Physical location to store it
- Security, physical and otherwise, to ensure its protection
- Complications of buying and selling a physical asset
A Bitcoin reserve requires:
- Funds for initial purchase
- Crypto wallet(s)
- Basic digital asset security
Once a company makes a decision to build a crypto reserve, it’s a matter of hours or even minutes to begin making purchases.
And Saylor’s not the only one grabbing all the Bitcoin he can find.
And as if S&P 500 companies buying Bitcoin wasn’t enough, one country seems hell-bent on trailblazing the way forward.
Slow and Steady for El Salvador’s BTC Dreams
El Salvador continues to slowly, steadily purchase more Bitcoin for its national reserve. In March, the country purchased roughly one Bitcoin every day.
It gives the country a sizeable stockpile, and a fantastic stair-step chart:
And of course, as the US moves towards its own Bitcoin reserve, pressure will grow on other countries to follow suit. Already, around 20 US states have introduced legislation on Bitcoin reserves or broader state investment in digital assets.
The bigger question is how increased Bitcoin purchasing pressure will impact Bitcoin’s price. Spoiler: positively, most likely.
$BTC Price Moves Slowly, Sets Up Big Potential Moves
Many of the biggest $BTC purchasers, like Strategy, purchase $BTC off-exchange. While they purchase tokens from the exchanges themselves, the process is conducted through brokers or specialized exchange services such as Coinbase Custody.
These OTC (over-the-counter) transactions don’t occur at normal market rates; think of it as a ‘bulk buy’ discount.
This sets up a delay between big purchases and the impact on Bitcoin’s price. Selling large amounts of $BTC reduces an exchange’s liquidity, but the price impact doesn’t occur immediately, unlike a whale buy at market rates.
But big institutional purchases, even OTC ones, could lead to a ‘slowly, then all at once’ price mechanism.
In other words, Bitcoin’s price doesn’t necessarily reflect the increased demand from corporate and national Bitcoin reserves right away.
But eventually that decreased supply will hit the market – and when it does, $BTC could make big moves rapidly, setting the stage for major gains for itself and other new cryptocurrency projects.
Simply put, Bitcoin is like a volcano slowly building up pressure until it eventually explodes skyward. How will you take advantage of the burning hype?
BTC Bull Token: New Crypto to Buy for BTC Gains?
One way to capitalize on Bitcoin’s potential moves would be to find a token built for just that purpose.
That’s where BTC Bull Token ($BTCBULL) comes in.
The first-ever Bitcoin meme coin, $BTCBULL is designed to reward users every time Bitcoin reaches key price milestones. With $BTCBULL token burns to keep upwards pressure on the price interspersed with token airdrops, it’s a unique way to tie $BTCBULL and $BTC together.
Two of the token airdrops will be $BTC drops directly to investors who hold $BTCBULL in Best Wallet app.
The eligibility requirements for the airdrop are straightforward; just purchase $BTCBULL, hold the tokens in Best Wallet, and wait for $BTC to reach $150K and $200K.
The BTC Bull presale has already raised over $4.3M, with tokens priced at $0.00244. Learn more about how to buy BTC Bull token, and see why we think the token price could reach $0.00835 by the end of 2025 (a 242% increase).
Build Your Own $BTC Reserve
Never take our word for anything; this isn’t financial advice, and you should always do your own research. But with more companies building their own crypto reserves, it’s a good time to consider how to develop your own Bitcoin reserve.
$BTCBULL can play a major role in any Bitcoin reserve strategy. Keep an eye out for Bitcoin price moves as demand increases.
