Yesterday Tesla announced that they are purchasing $1.5B worth of bitcoin. It is unknown at what price they are purchasing at this moment, however excluding Tesla we are seeing 0.56% of the total market cap of BTC held by public companies. It is expected that the number may continue to grow as more public companies consider whether to hold bitcoins or not as part of corporate treasuries.
The other risks is how would governments and regulators respond to this as more private companies are looking to acquire bitcoin over fiat currencies
Companies with BTC holdings:
https://www.coingecko.com/en/public-companies-bitcoinThe wave of Bitcoin adoption began mostly with the technology companies. There is a high probability that the next company also will be the technology company. If Bitcoin adoption spreads to non-tech companies then it will be another great milestone for Bitcoin. Only 1% of the market cap is controlled by companies then we can say that the controlling power of Bitcoin is still on the bitcoiners. Buy and Hodl! This is the way!