Key Takeaways
- Corporates are increasingly adopting Bitcoin for balance sheets.
- MicroStrategy's $10B Bitcoin investment sets the benchmark.
- Companies like Mara, Riot, and Metaplanet are joining this trend.
The trend of corporations adopting Bitcoin as a balance sheet asset could gain significant traction in 2025, according to Wintermute OTC trader Jake Ostrovskis.
The move, following MicroStrategy’s example, involves leveraging equity to invest in Bitcoin and potentially boosting stock performance.
MicroStrategy’s leadership
MicroStrategy has already committed to this approach, acquiring $10 billion in Bitcoin and planning an additional $42 billion in purchases.
Companies like Bitcoin mining firms Mara and Riot are also issuing convertible notes to expand their Bitcoin holdings.
Metaplanet, another industry player, recently announced plans to raise $31.8 million via bond issuance to accelerate its Bitcoin investments.
Market commentary
Ostrovskis said:
This corporate influx, especially among SMEs, will be a big driver next year.
While the spotlight remains on institutional players entering the market through ETFs, Ostrovskis highlighted corporates as a “freer and faster-moving” source of capital.
Expanding investment strategies
Additionally, traditional hedge funds have begun applying established equity strategies to Bitcoin investments, leveraging the market’s increasing institutional appeal.
Ostrovskis speculated that some firms might replicate the MicroStrategy model with Ethereum, potentially creating dedicated Ethereum-focused investment vehicles.
Future outlook
As more corporates follow MicroStrategy’s lead, Bitcoin’s role in corporate finance may continue to expand, reshaping balance sheets and investment strategies globally.
