Hunter Horsley, CEO of Bitwise, has forecasted that 2025 will mark a pivotal year for corporate adoption of Bitcoin.
Writing on social media, Horsley remarked, “It feels like 2025 will be a big year for new corporates adopting the Bitcoin Standard.”
This prediction follows Bitwise’s recent filing for an exchange-traded fund (ETF) designed to track companies holding significant Bitcoin reserves.
The proposed ETF will invest in firms with at least 1,000 BTC on their balance sheets, with weighting determined by Bitcoin holdings rather than market capitalisation, as detailed in regulatory filings.
Eligible companies will be selected based on quarterly reports and must meet specific criteria, including a minimum market cap of $100 million and average daily liquidity of at least $1 million.
Corporate Bitcoin adoption has largely stalled, with MicroStrategy (MSTR) and a handful of mining firms leading the charge. Currently, only 22 companies worldwide hold more than 1,000 BTC.
Tesla’s landmark Bitcoin purchase in 2021 was initially expected to spark a wave of corporate adoption, but this trend failed to materialise.
Recently, 99% of Microsoft shareholders voted against a proposal to explore Bitcoin investments, highlighting the hesitancy among major firms.
As previously reported by U.Today, few chief financial officers regard Bitcoin as a reliable store of value.
Consequently, while Horsley’s optimism for 2025 is notable, the path to widespread corporate Bitcoin adoption appears challenging.
