Bitcoin may be in 25% of American firms’ reserves by 2030 — Architect Partners

Bitcoin is increasingly being used in corporate finance and could become a standard reserve asset for major corporations by 2030. Elliot Chan, an expert at Architect Partners, estimates that a quarter of the S&P 500 will hold BTC on their balance sheets as a long-term investment.

The pioneer of such a tactic was MicroStrategy, which began investing in bitcoin in 2020, seeing it as a diversification tool and a hedge against inflation. Since then, the firm's stock has soared 2000%, outperforming both the S&P 500 and BTC.

Late last week, MicroStrategy was followed by GameStop, which announced it had raised $1.3 billion in convertible debt to buy BTC. However, after an initial spike, the company's stock corrected, falling nearly 15% in a week.

According to BitcoinTreasuries, publicly listed companies already own 665,618 BTC, or 3.17% of the cryptocurrency's total supply. Meanwhile, MicroStrategy remains the largest corporate holder with 506,137 BTC on its balance sheet.

Analysts at Architect Partners say corporate treasurers will soon face a choice to either add bitcoin to their holdings or risk being left out of the global trend.