In recent months, many large companies worldwide have begun to accumulate a large amount of Bitcoin. News about businesses joining the ranks of Bitcoin investors has been continuously emerging, marking a strong growth in the trend of holding this digital asset. MicroStrategy, under the leadership of CEO Michael Saylor, is one of the pioneering companies. This company has been buying Bitcoin for years and has seen its stock price increase by 3,000%. This created a domino effect, causing many other businesses to feel compelled to invest in Bitcoin as prices continue to rise.
The main reason for the increasing number of companies buying Bitcoin is the spillover effect from the success of previous businesses. When a few large companies announce Bitcoin purchases and their stock prices rise, other businesses cannot stay on the sidelines. They feel pressured to enter the market before Bitcoin prices become too high, leading to a buying wave that further drives up prices. Pressure from supply scarcity also stimulates the investment frenzy.
A new emerging name from Indonesia, DigiAsia, announced plans to invest 100 million USD in Bitcoin. Although not as large as MicroStrategy, a company establishing a strategy to use 50% of future profits to continue buying Bitcoin is a sign of long-term commitment to this Cryptoasset. This strategy shows that cryptocurrency is gradually replacing the role of traditional value-preserving assets in new businesses.
Meanwhile, MetaPlanet aims to build a Bitcoin reserve fund up to 10,000 BTC by the end of this year and 21,000 BTC next year. Their accumulation speed far exceeds expectations, having already reached nearly 6,700 BTC, confirming their determination to enhance Bitcoin's influence in institutional investment portfolios. The massive participation of these businesses predicts a Bitcoin market full of price volatility but with enormous growth potential.
According to predictions, Bitcoin prices could reach between 370,000 to 500,000 USD by the end of the year, with scenarios even reaching up to 2.4 million USD around 2029-2030. The question is whether companies will continue to buy at such high prices. If so, market supply pressure will continue to grow, making Bitcoin access more difficult. This also means that Bitcoin scarcity will become more severe in the long term.
The landscape for individual investors has also changed significantly. Each time a company buys a large amount of Bitcoin, the supply gradually decreases for small investors. Some experts believe that in the near future, even wealthy individuals will find it difficult to own a complete Bitcoin due to strong institutional absorption. The ownership of 0.28 BTC – previously considered the threshold to be in the top 1% of Bitcoin holders – now has increased value and scarcity.
In summary, the sudden increase in large companies hoarding Bitcoin as a long-term strategic asset is strongly impacting the market. This trend is predicted to continue pushing Bitcoin prices higher while narrowing access opportunities for individual investors and smaller institutions. If Bitcoin price predictions become reality, the Bitcoin assets of current investors will further prove their superior storage value in the digital financial era.
