Odaily Planet Daily News 🌟 Abra CEO Bill Barhydt revealed that mid-sized companies and non-profit organizations are increasingly converting their assets into Bitcoin. This trend appears to be emulating the successful strategy of MicroStrategy (MSTR). MicroStrategy stock has appreciated significantly due to its large holdings of Bitcoin 📈.

Barhydt predicts that many mid-sized companies and nonprofits with large U.S. dollar reserves will follow this trend and convert their assets into Bitcoin. He also predicts that the stocks of these companies will rise after acquiring Bitcoin like MicroStrategy did 🚀.

This trend shows that Bitcoin’s status in corporate asset allocation is gradually increasing, and more companies may join this ranks in the future.