The article discusses the current sentiment among Kalshi users that there is a 70% chance of a major company purchasing Bitcoin before the end of 2025. It highlights MicroStrategy's significant Bitcoin holdings, which amount to 2.1% of the cryptocurrency's entire supply. Despite MicroStrategy's success, Bitcoin's corporate adoption has not gained much traction, as most CFOs still view it as a speculative tool rather than a store of value. Both Microsoft and Amazon shareholders rejected proposals for Bitcoin investments, indicating that widespread adoption by major non-crypto players is unlikely in the near future. However, MicroStrategy's CEO believes that Bitcoin will continue to be part of the discussion.
- Content Editor ( u.today )
- 2024-12-23
Odds of Magnificent 7 Company Buying Bitcoin on the Rise