With the trick of All-in on Cripto, Bilcoin Bulls bet on Trillion in cash on American corporate balance sheets are next

Last week, the White House Crupto Czar David Sacks held its first press conference to discuss the future crypto policy coming out of the Trump administration.

While it will include Stablecoin legislation and digital property regulationSack said CNBC that the top idea of ​​the agenda and evaluation is “whether it is feasible to create a Bitcoin reserve or some kind of digital digital asset action.”

But will the momentum around Bitcoin and other cryptocurries transfer to Corporate America, they appear on the balance sheets?

To date, companies with exposure Bitcoin In their business, the first drivers were in this area, in many cases to show their support and purchase in the industry. According to Bitcoin for monitoring bitcoinstreasuries, 79 public enterprises currently hold Bitcoin, with some of the largest carriers who like companies Written platforms, Coin and Block.

StrategyThe company was previously known as a microstrate and its basic founder, Michael Sailor, were Champion of this approach as the largest corporate carrier bitcoin. On its Earnings The third quarter calls earlier this month, The company announced that it has 471,107 Bitcoin on its balance sheet, about 2% of the total supply and is worth approximately $ 45.2 billion.

Also in the list of the CRIPTO company industry holding BitCoin on the balance sheet is a monthly plate, a financial technology company that supports investment that builds payment infrastructure for CRIPTO. The company added Bitcoin to its balance sheet equal to 5% of its operating money, according to the Director General of Ivan Soto-Vright.

While Soto-Vright said that some of the thought process was “just managing if Bitcoin succeeds,” he believes that there is a growing argument for Bitcoin to include Bitcoin in the Treasury Strategy in the Treasury Strategy at the Treasury Strategy in the Treasury Strategy in the Treasury Strategy.

“It’s really separated from interest rates and movements in the capital market, so you could see it from that perspective,” he said. “You could also see her from the inflation of the hedgehog … in terms of great cash movement, it’s incredibly efficient, so you can claim that this is a better version of gold.”

It is one of the arguments that said Sailor made, and the one who reiterated while one of the most important pushes to encourage the main American company to add BitCoin to his balance sheet, appear MicrosoftAnnual meeting of the annual meeting on behalf of the shareholder proposal, which called for the Company Board to assess the posting of Bitcoin or other cryptocurries.

Saylor doubled in the ICR conference at the beginning of this year, where companies can either “keep for the past” and continue to buy cash registers, or “hugging the future” using Bitcoin as digital capital.

“He works for any company,” said the recitory in the main speech of the retail conference. “We are people who build with steel and build with wood.”

At least in the short term, it can also look good. TeslaOne of the few companies that are not focused on crypto-crypto to hold Bitcoin on their balance sheet, showed the positive side of this in their last quarter When he marked a profit of 600 million dollars Due to the respect of Bitcoin. Financial Accounting Committee The new rule for 2025 adopted which mandates that a corporate digital asset is marked to the market every quarter.

But so far, the message and the spread movement does not spread much more wider than the crypto industry. Only 0.55% of the votes on Microsoft’s annual meeting supported the plan. Microsoft, as well as advisors for proxy glass Lewis and institutional shareholders, all suggested shareholders reject the proposal before the vote.

Microsoft said in October Proxy to submit a Proxy that the team of vault and investment services had previously assessed Bitcoin and other cryptocurries to finance company operations and reduce economic risk, adding that “continues to trends and cryptocurremens to obscure to cryptocurrency.”

At Microsoft’s annual meeting, CFO Ami Hood said, “It is important to remember our criteria and our goals of our balance sheet and for reality of cash, so that much liquidity can finance our business and partnerships and investments .. Liquidity. Liquidity It is also really important criteria for us, as well as income creation. “

Shareholders who support Bitcoin do not leave

The current lack of adoption does not discourage the proponents of companies held by Bitcoin at the balance sheet. Ethan Peck, Deputy Director of the Free Enterprise Project, which part of the Conservative National Center for Public Policy Research, submitted a proposal of shareholders in Microsoft and planned to submit similar proposals during the upcoming Proxy season. In all, recently was estimated that the S & P 500 universe collects more than $ 3.5 trillion on the balance sheets, although digit changes quarter to a quarter.

While Peck said it was not committed to companies aggressive than paragraph, “companies should consider having a pair of percentage of bitcoin to negate or compensate for the base of your funds because you lose your shareholders” money. “

“Signs of bonds do not discharge the actual inflation, so you lose money,” Peck said.

Bitcoin performance in the last five years. Bitcoin probably exceeded cash equivalents, albeit with much greater volatility.

However, that the debate is far from decision-making in Corporate America, according to Markus Veith, which is a Grant Thornton’s digital practice, especially as Bitcoin reacted more in line with wider inflation exchanges in relation to inflation compared to last year is high – something that Microsoft Committee also pointed out in his rejection of that proposal of shareholders.

They said that regulation could also hold companies back. In January, the Sab 121 was installed by banks to classify cryptocurzene as obligations to their balance sheet, creating a capital request held by many banks to ensure custody detention for crypto.

It is a change that could lead banks including Goldman Sachsto reconsider the problem. CEO David Solomon He told CNBC in Davos last month This “currently, from the regulatory perspective, we cannot own” Bitcoin, but added that the Bank will revise the issue if the rules have changed. Many wall streets also start to sing a different melody cautiously cautiously Morgan Stanley CEO TED Pick and Bank of America CEO BRIAN MOINYAN Both by telling CNBC while in Davos last month that their institutions could enable the broader adoption if the regulatory environment is changed.

But regulation cannot solve the CRIPT’s extreme instability and concern that there may be another drop-down drop at some point. “What do you do if it will be another crypt winter, and the price descends and sessions over a large stock of Bitcoin and the price decreases? It is probably what is hindering more companies to enter In this area, “Veith said.

Latest CNBC CFO Tip Quarterly research, in December, a reflection of this risk assessment: 78% of CFO respondents in research is Bitcoin highly speculative class funds, while 7% said it was credible trade value. In addition, 11% said that it was a scam, although that last opinion decreased in a quarterly CFO survey.

How Trump Administration continues to accept Cripto, crypto view from Corporate America could change more.

When asked if companies say the things they used to take over for the cript, Soto-Vright, ripping out of Washington, DC and the Potential for National Reserve and Additional Changes in Regulation and Additional Decree Changes and Additional Changes Regulation and Additional Changes Regulation and Additional Changes .

“If you look at general trends, it becomes more institutions because there are more circulation, because there are more products that come to the market and how to develop their statute and attitude as a truly diverse, unobvalid financial instrument” He said.

“I think you will start seeing more and more companies recognize that in their treasury portfolio management strategy, this is another means that is legitimized,” Soto-Vright said.