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Will the Magnificent 7 Tech Giants Dive Into Bitcoin in 2025?

CryptoExpert by CryptoExpert
December 24, 2024
in Finance
0
Is Bitcoin’s 21M Supply a Lie? BlackRock’s Controversial Take
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Why Is Smart Money Dumping Nvidia?

Since the start of this year, MicroStrategy Incorporated has witnessed a growth of approximately 426.00%. In the last two months alone, the market has surged by over 55.28%.

Highlighting the enviable growth MicroStrategy achieved through its massive investment in Bitcoin, Michael J. Saylor, the co-founder of the company, recently called on tech giants to follow his company’s footprint in Bitcoin adoption.

Interesting, predictive markets suggest that there is a chance for at least one of the Magnificent 7 companies to invest in BTC in the coming year. Curious to know more? Read on!

High Chance of Bitcoin Adoption by Magnificent 7 in 2025

Predictive markets, particularly Kalshi, indicate that there is at least a 77% probability that one of the Magnificent 7 companies will buy Bitcoin in 2025. Kalshi shows that the probability value has steeply climbed from 49% to 77% in a very short period. 

okex

The Magnificent 7 are the top seven tech companies which have the strength to influence the overall market sentiment immensely. They include Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA and Tesla. 

Michael Saylor’s Advocacy for Corporate Bitcoin Purchase 

MicroStrategy is the public company that holds the highest number of BTC tokens. It has over 444,262 tokens, valued at over $41,917,443,600. In the last one year alone, the company has brought at least 269,732 BTC tokens. 

In the past year, the MSTR market has witnessed an enviable growth of approximately 397.44%. 

Boasting about how the company’s BTC strategy enabled it to achieve massive growth, Michale Saylor recently urged tech giants, particularly MicroSoft, to invest in BTC. 

Prediction Markets See Rising Bitcoin Adoption 

Prediction markets expect more corporations to adopt Bitcoin by 2026. The rise in adoption probabilities reflects increasing confidence in Bitcoin’s role as a corporate asset. 

The top five public companies that holds Bitcoin are: MicroStrategy (444,261 BTC), Marathon Digital Holdings INC (40,435 BTC), Riot Platforms, INC (16,728), Hut 8 Corp (10,096 BTC), and Tesla, Inc (9,720 BTC). 

In conclusion, as prediction markets show optimism for Bitcoin adoption, all eyes are on the ‘Magnificent 7’ to lend the way. 



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