Bitcoin on the Books: 25% of S&P 500 Companies Could Hold BTC by 2030, Analyst Predicts
Bitcoin is slowly but steadily carving out a place on corporate balance sheets — and by the end of the decade, it could be a fixture across the S&P 500, according to Architect Partners’ Elliot Chun.
In a recent market update, Chun predicted that 25% of companies on the S&P 500 index will hold bitcoin by 2030, embracing it as a long-term treasury asset. “We’re approaching a tipping point,” he wrote. “The question is shifting from ‘Why hold bitcoin?’ to ‘Why not?'”
This wave of institutional adoption traces back to Strategy Inc. (formerly MicroStrategy), which in 2020 made headlines for converting a major portion of its treasury into BTC. That decision, championed by then-CEO Michael Saylor, redefined the company’s image — and boosted its stock by over 2,000% in the process.
The trend continues to build: GameStop recently announced a $1.3 billion convertible note sale to fund a bitcoin purchase, making it the latest public company to jump on the BTC bandwagon. Despite some short-term market volatility, proponents see this as another step toward mainstream adoption.
Chun believes executives could soon face professional risk by not engaging with bitcoin. “Ignoring bitcoin is no longer a neutral stance. It could mean missing out on long-term growth and shareholder value.”
As it stands, public companies already hold 665,618 BTC, representing over 3% of the total supply, with Strategy leading the pack at 506,137 BTC.
With institutional confidence growing, Chun’s outlook suggests that bitcoin’s corporate era is just beginning.
