$330B Bitcoin Boom? Bernstein Predicts Massive Corporate Inflows by 2029

Could Bitcoin Hit $1M? Bernstein Forecasts Corporate Treasury Frenzy

$330B Bitcoin Boom? Global equity research firm Bernstein has made a bold projection: Bitcoin (BTC) could attract $330 billion in inflows from corporate treasuries by 2029, potentially driving its price to $1 million by 2033. In a note to investors, Bernstein analysts outlined that between 2025 and 2029, publicly listed companies may allocate $205 billion to BTC purchases, inspired by MicroStrategy’s treasury strategy. The firm, now known as Strategy, is expected to contribute $124 billion in BTC inflows, thanks to its recent $84 billion capital plan dedicated to Bitcoin acquisition.

Price Projections: From $200K to $1M

Bernstein predicts that Bitcoin could reach a cycle peak of $200,000 by the end of 2025, with further upside to $500,000 by 2029. Looking even further ahead, the firm suggests BTC could hit $1 million by the end of 2033, though it also cautions of a possible one-year bear phase along the way.

These estimates align with historical patterns showing how institutional inflows drive BTC price rallies. Since the launch of U.S. spot Bitcoin ETFs in early 2024, the market has seen $40.7 billion in cumulative inflows, propelling BTC from $35K to $74K. Coinglass data shows that ETF inflows (green bars) often precede major price increases, while outflows (red bars) typically lead to declines.

A Conservative Outlook Compared to Ark Invest

While Bernstein’s forecast is ambitious, it remains conservative compared to Ark Invest’s ultra-bullish scenario, which sees BTC soaring to $2.4 million by 2030. Ark’s projection is based on widespread adoption and growing scarcity.

In the short term, however, Bitcoin’s recovery remains uncertain, with traders watching the Federal Reserve’s interest rate decision on May 7. Despite recent volatility, analyst Matthew Hyland maintains that BTC’s market structure remains bullish as long as it stays above the $90,000 mark.

Bitcoin’s long-term trajectory may very well hinge on how deeply corporate treasuries embrace the digital asset in the coming years.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.