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Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has issued a bold prediction: hundreds of companies will buy Bitcoin as a treasury asset over the next 12 to 18 months. The shift, which Hougan describes as an “overlooked megatrend,” has the potential to significantly influence Bitcoin’s market trajectory.
MicroStrategy: The Torchbearer of Corporate Bitcoin Adoption
MicroStrategy, led by Michael Saylor, has become synonymous with corporate Bitcoin adoption. Though ranked only 220th globally by market capitalization, the company’s influence on the Bitcoin market is disproportionate. In 2024 alone, MicroStrategy acquired 257,000 BTC—exceeding the total Bitcoin mined that year…
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