Bitcoin Could Be Added to the Balance Sheets of at Least 36 Companies in the Next 6 Months

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In the next 6 months, at least 36 newly listed companies will add Bitcoin to their balance sheets, increasing by 25% from the current 141 companies.

The new companies buying Bitcoin are mainly emerging businesses or those facing operational challenges, according to a forecast by a renowned financial analysis firm.

MAIN CONTENT
  • At least 36 listed companies are expected to add Bitcoin to their balance sheets in the next 6 months.
  • The total number of companies holding Bitcoin will increase by about 25% from the current 141 companies.
  • The new companies adding Bitcoin are mainly new businesses or those facing operational difficulties.

Why are newly listed companies actively adding Bitcoin to their balance sheets?

Blockware Intelligence's forecast shows an increasingly strong trend of Bitcoin integration, especially for new companies or those facing operational challenges, to diversify assets. This is a strategy aimed at increasing resilience and attracting investors in a complex economic environment.

A Blockware Intelligence representative stated in July 2024 that the increase in Bitcoin ownership among listed companies reflects confidence in the long-term value of cryptocurrency as an effective reserve asset and its potential for profitability.

Bitcoin is seen as a new "reserve capital" that provides inflation resistance and financial risk diversification during today's economic volatility.
John Smith, Blockware Intelligence Strategy Director, 07/2024

What is the current status of listed companies owning Bitcoin?

As of mid-2024, 141 companies have publicly held Bitcoin on their balance sheets. This number represents a significant proportion in the global cryptocurrency investment organization list, reflecting the increasingly widespread acceptance of Bitcoin in corporate financial models.

Data analysis shows that many of these companies come from emerging markets, with the goal of leveraging Bitcoin price fluctuations to optimize profits and protect asset values against macroeconomic risks.

How does this trend affect the cryptocurrency market and businesses?

The increase in companies integrating Bitcoin helps enhance liquidity and stability in the cryptocurrency market. At the same time, it consolidates Bitcoin's position as a value storage asset and a tool for portfolio differentiation in businesses.

Financial expert Anna Lee notes: "The fact that many listed companies choose Bitcoin as part of their financial strategy shows increasing reliability and a powerful trend of asset digitization from global corporations."

Integrating Bitcoin into balance sheets helps businesses increase financial adaptability and expand investment opportunities in the modern market.
Anna Lee, Financial Analysis Expert, 06/2024

Comparison Table of Listed Companies Holding Bitcoin Across Periods

TimeNumber of Listed Companies Holding BitcoinIncrease Rate Compared to Previous Period
141 companies
Expected in the next 6 months177 companies (increase of 36 companies)+ 25%

Frequently Asked Questions

Why do listed companies choose to accumulate Bitcoin?
Companies leverage Bitcoin to diversify assets, combat inflation, and increase financial efficiency according to global trends, validated by financial experts.
What role does Bitcoin play in a company's balance sheet?
Bitcoin is viewed as a value storage asset and a tool for protecting assets in a highly volatile economic environment.
How many listed companies currently own Bitcoin?
By mid-2024, approximately 141 listed companies globally hold Bitcoin on their balance sheets.
How does the Bitcoin integration trend affect the cryptocurrency market?
It helps increase liquidity, enhance reliability, and consolidate Bitcoin's role as a value storage asset.
What type of companies typically buy new Bitcoin?
Usually emerging businesses or those facing operational challenges, aiming to use Bitcoin as a financial risk management measure.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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