Strategy Could Hold Up To 1 Million Bitcoin By 2033: Bernstein
Posted On March 26, 2025
Bernstein analysts project Strategy (NASDAQ:MSTR), formerly MicroStrategy, could either double its Bitcoin (CRYPTO: BTC) holdings to over 1 million BTC in a bullish market or see its stack face forced liquidations in a prolonged bear phase.
What Happened: According to a research note released on Tuesday, Bernstein updated the firm’s outlook for the Bitcoin treasury company after its latest Q4 results and acquisitions, offering a stark contrast between thriving growth and potential stagnation based on market conditions.
In the bull case scenario, Bernstein envisions Strategy scaling its Bitcoin reserves to 1,013,000 BTC by 2033—about 5.8% of the current 19.8 million circulating supply—up from its present 506,137 BTC, or …