As a seasoned researcher with over two decades of experience under my belt, I have seen many predictions come and go, but Hunter Horsley’s prediction about corporate Bitcoin adoption in 2025 strikes me as an interesting one. Having closely followed the crypto space for years, I must admit that the progress has been slower than anticipated, with only a handful of companies adopting Bitcoin as part of their treasury strategy.
According to Hunter Horsley, CEO of Bitwise, it’s anticipated that the year 2025 will mark a significant increase in corporate adoption of Bitcoin.
“It feels like 2025 will be big year for new corporates adopting the Bitcoin Standard,” Horsley he said on social media.
Following Bitwise’s recent application for an Exchange-Traded Fund (ETF), this new product aims to invest in corporations holding a minimum of 1,000 Bitcoin in their assets.
According to Bitwise’s regulatory filing, the importance or significance given to each holding will depend more on the amount of Bitcoins owned, rather than the overall market value of Bitcoin.
The list of eligible companies would be identified based on their quarterly reports.
The index will feature only these companies that have a market cap of at least $100 million and a minimum average daily liquidity of $1 milloin.
As a crypto investor, I’ve noticed that the corporate adoption of Bitcoin has been relatively sluggish, with MicroStrategy (MSTR) serving as the main force propelling the movement, alongside a few mining firms. In essence, only 22 companies have amassed more than 1,000 Bitcoins in their assets, indicating limited widespread acceptance among corporations at present.
Despite predictions that the corporate world would follow Tesla’s lead in adopting electric cars after their landmark purchase in 2021, this trend failed to materialize.
A whopping 99% of Microsoft shareholders recently rejected a proposal to assess Bitcoin investment.
Currently, according to U.Today’s report, only a limited number of CFOs consider Bitcoin as a means for storing value.
Hence, it is safe to say that corporate Bitcoin adoption will face an uphill battle in 2025.
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2024-12-27 11:10