According to Odaily Planet Daily, Abra CEO Bill Barhydt revealed that medium-sized companies and non-profit organizations are increasingly inclined to convert their assets into Bitcoin. This trend follows the successful strategy adopted by MicroStrategy, whose stock has appreciated due to its large holdings of Bitcoin.
Barhydt predicts that many medium-sized companies and non-profit organizations with large dollar reserves will convert them into BTC. In addition, he expects the stocks of these companies to replicate the gains in MicroStrategy's stock price after its acquisition of Bitcoin.