Author: Brayden Lindrea, CoinTelegraph; Compiled by: Wuzhu, Golden Finance

A partner at a financial consulting firm focusing on technology said that by 2030, about a quarter of S&P 500 companies will invest in Bitcoin, and financial managers are worried that if they miss the potential gains of Bitcoin, they may lose their jobs.

"I expect that by 2030, one-quarter of the companies in the S&P 500 index components will hold Bitcoin as a long-term asset somewhere on their balance sheet," said Elliot Chun, partner at Architect Partners, in a March 28 blog post.

Chun said the shift will be driven by financial managers feeling at least trying Bitcoin.

"If you try and succeed, you are a genius. If you try and don't succeed, at least you have tried. But if you don't try and don't have a good reason, your work can be risky."

According to BitcoinTreasuries.NET.NET, Strategy (MSTR) is the largest Bitcoin holder of all 89 publicly held Bitcoin on the balance sheet.

GameStop issued $1.3 billion in convertible bonds on March 26, which the company intends to use to buy the first batch of Bitcoins, and another company may be added to the list after that.

Tesla and Block are the only two S&P 500 listed companies that hold Bitcoin—which means by 2030, at least 123 S&P 500 companies will need to invest in Bitcoin, and Chun’s prediction is correct.

The top ten largest Bitcoin enterprise holders. Source: BitcoinTreasuries.NET

Bitcoin’s price could surge to $500,000 to $1 million or more by 2030, according to ARK Invest CEO Cathie Wood, Galaxy Digital CEO Mike Novogratz, Coinbase CEO Brian Armstrong and Block CEO Jack Dorsey and others.

At the same time, the stock prices of companies that adopt Bitcoin fund management strategies have also been positively affected. First investment ratio since August 20, 2020Since Bitcoin, Strategy's share price has soared more than 2,000%—during this period, it far surpassed Bitcoin (781.1%) and the S&P 500 (64.8%).

But Chun said there is a big difference between companies that use Bitcoin for fund diversification and risk management and companies that restructure their entire business model to become the leader in Bitcoin fund management in the industry.

“Companies that want to replicate MSTR results and implement this strategy will eventually come back disappointed,” Chun said, referring to Strategy as “unique.”

MSTR initially provided Bitcoin investment opportunities for U.S. asset managers, when they were unable to hold Bitcoin directly. But things changed when the SEC approved a small number of spot bitcoin exchange-traded funds applications on January 10, 2024.

Chun said that despite the increased adoption of Bitcoin, using it as a capital asset is still an "unproven strategy" for companies looking to hedge against dollar and fiat currency inflation through Bitcoin or diversify their funds for risk management purposes.

Nevertheless, Chun pointed out that Bitcoin has challenges in storing and transferring gold bars, so Bitcoin is still a more flexible capital asset than gold.

On the other hand, he added that Bitcoin is a digital commodity recognized by GAAP as a tangible asset with both substitutability and liquidity.

Earlier this month, crypto asset management company Bitwise launched the Bitwise Bitcoin Standard Corporations ETF, which aims to track companies with at least 1,000 bitcoins in their company’s funds.