One closely followed cryptocurrency analyst predicts that the number of companies adopting a Bitcoin (BTC) treasury strategy will double in 2025.
In a new video update, InvestAnswers host He tells A doubling of Bitcoin Treasuries could send the key crypto asset to a new astronomical all-time high, his 553,000 YouTube subscribers said.
“The beauty of Bitcoin is that it is difficult and driven by supply and demand. What happens if the supply dries up? What happens if long-term holders end up selling? What happens if all the miners’ portfolios are bought out? And what happens if more big players enter the market?” This is what can drive the price absolutely crazy…
We’ve seen a lot of Treasuries emerge. And we now have new FASB (Financial Accounting Standards Board) rules, which make it easier to introduce more Treasuries. The number of Treasuries will double in 2025. This is part of my prediction for 2025 as well. This means where will all this Bitcoin come from? The only thing that can happen is that the price will rise. “That’s it.”
According to Bitcoin Magazine Pro, there are currently 33 publicly traded coins Companies With Bitcoin treasuries, the largest is MicroStrategy, which holds 444,262 Bitcoin.
Bitcoin is trading for $96,754 at the time of writing, up 2.4% over the past 24 hours.
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