It's clear we're seeing some serious corporate action when it comes to accumulating BTC for businesses. Honestly, the list of big companies holding BTC just keeps getting longer, and the crypto community isn't buzzing as much over news updates like "this company bought a few hundred BTC" or "that company snagged a few thousand BTC". Even I'm not overly impressed with the amount of BTC Strategy is accumulating anymore – maybe we just got used to this pretty fast!
However, most of the companies currently accumulating BTC aren't the absolute giants in the market. Back in late 2024, shareholders at Microsoft and Amazon passed on accumulating BTC, and we recently heard that Meta made a similar decision. This is interesting, especially since Meta wants to roll out a stablecoin to really dive deeper into the crypto market. This news might have been a bit of a letdown for some crypto investors hoping to see the whole world jump on the BTC bandwagon and push prices up fast.
Personally, I think this is totally normal. Microsoft, Amazon, and Meta are all massive companies. Every single decision they make is crucial and can really impact the direction of an entire empire. They simply have too much to protect, and they're willing to wait to make sure their future decisions are super safe.
Looking at this from a positive angle, crypto investors should actually be happy that these huge corporations are still holding off on BTC. This means we're truly still early investors, and the opportunity for us in this market is just massive. I'd be more concerned if a ton of big companies suddenly piled into BTC, that could trigger an unsustainable bubble that might pop at any time.
I'd like to get your opinion on this:
- Does the rejection by tech giants make you less confident in BTC's potential?
- If you were the owner of Meta or Amazon, would you easily agree to accumulate more BTC?
- When do you think these tech giants will start accumulating BTC?
References:I completely agree with you, the fact that these companies hesitate to adopt Bitcoin is very good because this year we had enough catalysts to increase Bitcoin's price. We need such a great news once every 3-4 years because after bull market, there is a bear market and such a catalyst can give us very good profits when we buy during bear market.
Rejection by tech giants doesn't make me less confident in Bitcoin, it's actually good because I'm here to profit long-term, I want to see more than modest bull runs every 4 year, I don't want to see just single time process, I want to see multiple good events for Bitcoin.
If I were the owner of Amazon, I'd definitely include Bitcoin and other cryptocurrency payment options to have an edge over eBay that doesn't adopt cryptocurrencies.
I think that these tech giants will start accumulating Bitcoin before the end of 2030.