Galaxy Digital Predicts Monumental Shift in Bitcoin (BTC) Adoption by 2025, Projects 5 Nasdaq 100 Companies and 5 Nations Will Declare BTC as a Reserve Asset

Galaxy Digital has projected a monumental shift in Bitcoin (BTC) adoption by 2025. The company predicted that five Nasdaq 100 companies and five nations will declare BTC as a reserve asset.

Galaxy Digital has predicted that five Nasdaq 100 companies and five nations will adopt Bitcoin (BTC) as a reserve asset by 2025. In related news, President-elect Donald Trump has announced plans to establish a Bitcoin strategic reserve upon taking office on January 20, 2025.

Recent Trends in Bitcoin Adoption

Brazil has shown increasing interest in crypto adoption, and a German lawmaker has proposed a Bitcoin reserve, despite Germany selling 50,000 BTC in mid-2024. Among corporations, MicroStrategy leads with 446,400 BTC, and MARA, Metaplanet, and Semler Scientific have added BTC to their portfolios, indicating growing institutional interest.

notably, HC Wainwright & Co. has drastically increased its year-end BTC price prediction for 2025, revising it to $225,000 from the earlier estimate of $145,000. The updated prediction is driven by optimism regarding increased U.S. regulatory clarity, potential approval of spot BTC ETFs, and institutional participation.

In their report, Wainwright analysts highlight that the new target implies a cryptocurrency market cap of $10 trillion by 2025, assuming Bitcoin’s dominance drops to 45% from its current 56%. They state, "Our new price target for 2025 reflects 113% upside to current levels. However, we caution investors that 20-30% drawdowns during bull market cycles are not uncommon."

The report also addresses potential price fluctuations, predicting a temporary dip to the mid-$70,000s in early 2025 before the uptrend resumes. Analysts note, "Our BTC mining financial models currently assume much more conservative forecasts for BTC prices in 2025 ($115,000 by 4Q25)."

One key factor contributing to this bullish sentiment is the possibility of the U.S. adopting BTC as a treasury reserve. While this scenario is not included in their base case, analysts note that it could "significantly exceed our base case price target." At a price of $225,000, BTC would constitute roughly 25% of gold's market capitalization.

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