that 10% of US companies will convert a total of $10.35 billion into the largest cryptocurrency over the next 18 months. "We estimate that business bitcoin holdings will grow at a rate of between 204 and 519 BTC per day until the year 2026, equivalent to a range of $12.2 million and $31.1 million per day at a $60,000 bitcoin price," the company wrote in a recent report.
Tesla is also in the top 3 with $550 million. However, the company's holdings have shrunk significantly since its original Bitcoin fortune which was acquired back in early 2021. As noted by River, Bitcoin's adoption as a treasury asset is yet to become mainstream. Still, it experienced significant growth in 2024 due to major firms offering Bitcoin products.
Earlier this year, the market experienced renewed optimism due to the introduction of Bitcoin ETFs. Despite their stunning success, businesses overwhelmingly choose to hold real Bitcoin. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.