Analysts predict a significant increase in the number of companies using Bitcoin as a treasury strategy by 2025.
Companies Holding Bitcoin
According to recent updates, 33 publicly traded companies currently hold Bitcoin. The largest among them is MicroStrategy with 444,262 BTC.
If Bitcoin’s supply is tampered with and long-term investors do not sell, prices will soar.InvestAnswers
Current Bitcoin Price
At the time of writing, Bitcoin is trading at $98,500, having recorded a 2.4% increase in the last 24 hours. New FASB rules make it easier for companies to adopt a Bitcoin strategy.
Conclusion
The growth in the number of companies holding Bitcoin strengthens its market position and could positively influence the long-term prospects of the cryptocurrency.
The expected increase in companies holding Bitcoin is viewed as a vital step toward the adoption of digital assets.
