Bitwise CIO Highlights 3 Key Trends Behind Corporate Bitcoin Adoption

Bitwise Chief Investment Officer Matt Hougan has outlined some of the factors that are behind the current rush of corporations into Bitcoin. According to Hougan, MicroStrategy is not alone in treating Bitcoin as a reserve asset; this trend is set to expand rapidly. The Bitwise CIO believes that hundreds of organizations will incorporate BTC into their corporate assets in the next few months.

Bitwise CIO Reveals Key Trends Driving Bitcoin Corporate Treasury Boom

In a recent report, Bitwise CIO Matt Hougan pointed to MicroStrategy’s increasing Bitcoin position as a key driver in the corporate adoption narrative. The firm holds 450,000 BTC currently which is worth over $43 billion, more than the entire Bitcoin mined in 2024. MicroStrategy also wants to buy more bitcoin for $42 billion, which would equal the new supply for almost three years.

Hougan noted that MicroStrategy’s aggressive Bitcoin acquisition strategy has influenced other firms to view Bitcoin as a strategic treasury asset. This approach has set the stage for more companies to follow suit.

With the growing Bitcoin adoption, Genius Group has approved a $33M rights offering to bolster its Bitcoin Treasury to $86M, aligning with its “Bitcoin-first” strategy. CEO Roger Hamilton plans to increase his stake by 10.3% amid BTC surge to $95,978.

New FASB Rules Encourage Corporate Bitcoin Adoption

Furthermore, the Financial Accounting Standards Board (FASB) set new reporting standards in December 2024. Bitwise CIO said that these changes are revolutionary for corporate Bitcoin usage. The new rules now let firms recognize Bitcoin gains alongside losses; a significant concern for companies  hesitant to hold Bitcoin.

Under the previous accounting framework, Bitcoin was classified as an intangible asset, meaning firms could only record price declines without reflecting gains. The new rules eliminate this constraint. This creates a more favorable environment for companies to integrate Bitcoin into their financial strategies.

Trump Administration’s Policies Boost Bitcoin Adoption

Bitwise CIO anticipates that pro-crypto policies under President-elect Donald Trump’s administration will accelerate Bitcoin adoption among corporations. Trump has pledged to establish a welcoming regulatory environment to make the U.S. a leader in the digital asset space.

More so, Bitwise CIO predicts that hundreds of companies will add Bitcoin to their treasuries within the next 12-18 months. This surge is expected to drive increased demand for Bitcoin, further strengthening its role as a corporate treasury asset.

In addition, the incoming Trump administration has led to optimism within the crypto community. His pro-crypto stance, including proposals for a Bitcoin strategic reserve, has spurred initiatives like TON Blockchain U.S. expansion.