Next Year, Bitcoin Will Receive $2.3T, Major BTC Target Revealed!
Only 0.01% of publicly listed corporations globally own Bitcoin, according to OKG Research. This might change, as conservative projections suggest $2.28 trillion could enter BTC next year.
Bitcoin Inflows Rise
Inflows might push Bitcoin price over $200,000, according to Bernstein, BCA Research, and Standard Chartered Bank. Institutions, governments, and this year's spot BTC ETFs will drive these inflows. Senator Cynthia Lummis and President-elect Donald Trump pledged a 1 million-BTC national BTC strategic reserve, which the U.S. is working toward.
The online video platform Rumble also revealed its desire to buy $20 million in Bitcoin this week. After MicroStrategy CEO Michael Saylor advised Rumble's CEO to explore BTC for reserves, this happened.
Leading institutional BTC holder MicroStrategy has 386,700 BTC worth over $36 billion. The Rumble board has adopted a plan to diversify business reserves by allocating surplus capital to Bitcoin, based on MicroStrategy.
This strategy gives Rumble's management freedom to choose buy timing and quantities according on market dynamics, Bitcoin prices, and financial demands. Rumble might potentially delay or cancel the project.
Recent BTC Purchase by MicroStrategy
Recent data shows MicroStrategy leads institutional BTC investing with a strong portfolio. The corporation possesses 386,700 BTC, bought for $21.9 billion at $56,761 per Bitcoin, as of November 24, 2024. Saylor said that the business had bought 55,500 BTC for $5.4 billion, or $97,862 per BTC.
This news shows corporate interest in BTC as a strategic asset. The expected $2.28 trillion Bitcoin influx might spur public company adoption. Only a small percentage of corporations own BTC, but new entrants like Rumble show growing trust in its long-term potential.
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