Which Magnificent 7 Company Will Be First to Adopt Bitcoin in 2025?

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As a seasoned researcher with a keen interest in the intersection of technology and finance, I find myself intrigued by the growing momentum behind corporate Bitcoin adoption, particularly among the “Magnificent 7” tech giants. The increasing probability of at least one of these behemoths purchasing Bitcoin by 2025, as per the prediction market data, is a testament to the maturing of digital currencies and their growing mainstream recognition.

The likelihood that a Magnificent 7 company will embrace Bitcoin usage in 2025 has significantly grown to approximately 77%, according to market prediction data. With Bitcoin becoming more widely accepted and endorsed by the upcoming Trump administration, there is a strong anticipation for an increase in corporate adoption of Bitcoin.

Among the leading tech companies – Apple, Microsoft, Google’s parent company Alphabet, Nvidia, Amazon.com, Meta Platforms, and Tesla – it has been over three years since Elon Musk’s electric vehicle company, Tesla, has held Bitcoin on its financial records. There is great anticipation that influential market players like Microsoft and Amazon may soon follow suit.

77% Odds a Magnificent 7 Firm Buys Bitcoin by 2025

There’s a 77% chance that at least one of the “Magnificent 7” companies will buy Bitcoin by 2025, as suggested by data from the prediction market platform Kalshi. This represents a substantial jump compared to the earlier estimate of 49%.

The change is taking place as influential figures such as Michael Saylor from MicroStrategy are making efforts to persuade leading tech companies like Microsoft (NASDAQ: MSFT) and other significant firms from the “Magnificent 7” group, to incorporate Bitcoin into their financial holdings. Saylor’s advocacy is in line with growing anticipation about institutional adoption of Bitcoin over the next few years.

Earlier this month, Michael Saylor released a video presentation explaining why Microsoft should add BTC to its balance sheet. “Microsoft can’t afford to miss the next technology wave, and bitcoin is that wave,” Saylor said. However, Microsoft shareholders voted against the Bitcoin proposal.

Meanwhile, Michael Saylor continues to stand by his Bitcoin adoption plan. On Monday, they scheduled a shareholder meeting aimed at progressing the 21/21 strategy, which involves securing additional capital to boost MicroStrategy’s Bitcoin reserves even more.

Michael Saylor Pitches Amazon’s Jeff Bezos

After Microsoft shareholders declined a proposal to include Bitcoin (BTC) in its treasury holdings, there is growing anticipation among crypto enthusiasts about the potential move by tech behemoth Amazon. A recent report from NCPPR indicates that Amazon might consider investing some of its $88 billion cash reserves into Bitcoin as a means to counteract inflation, causing a surge of market optimism.

In his recent pitch, Michael Saylor also urged Amazon founder Jeff Bezos to make a $600 million investment in BTC. Saylor’s suggestion comes amid reports of Jeff Bezos planning a $600 million wedding celebration.

Instead of proposing an alternate usage for the funds, Saylor suggested that Bezos should consider investing the money in Bitcoin acquisition. He pointed out that $600 million could buy a substantial amount of Bitcoin. It would be intriguing to observe if Amazon follows Tesla and becomes one of the seven distinguished companies to hold Bitcoins in its financial reserves.

Currently, as we speak, Bitcoin’s price is experiencing increased selling, causing it to dip approximately 2% earlier today and reach its lowest point in December of $92,403. Despite briefly recovering above $94,000, the general mood for a “Santa Claus” rally appears subdued at the moment.

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2024-12-24 12:10