One in four S&P 500 firms will hold Bitcoin by 2030: Crypto advisory

Around a quarter of firms listed on the S&P 500 would have invested in Bitcoin by 2030, with treasury managers fearing they could lose their jobs if they missed out on potential Bitcoin gains, a partner at a tech-focused financial advisory firm said. “I anticipate that by 2030, a quarter of the S&P 500 will have BTC somewhere on their balance sheets as a long-term asset,” Elliot Chun, a partner at Architect Partners, said in a March 28 blog. Chun said this shift will be driven by treasury managers feeling compelled to at least experiment with Bitcoin (BTC). “If you tried it and it worked, you’re a genius source: https://cointelegraph.com/news/25-percent-sp-500-firms-will-own-bitcoin-by-2030?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound