Bitcoin, the original and only sufficiently decentralized cryptocurrency proven to be secure, offers a neutral, borderless asset, currency alternative and store of value. Of the many surprises in crypto, one of the biggest, for me has been the hesitation towards its adoption within corporations. I understand there has been legislative roadblocks, but many could have been mitigated with market precedence if the market had acted first.
Upon deeper inquiry, I realized that for the corporation, adopting Bitcoin is not as simple as buying and holding it on the corporate balance sheet; it represents a fundamental shift in how value is considered in the corporate arena, one that, until recently, corporate leaders and fiscal managers may not have been ready to embrace.
I empathize with this position. Corporations have much to manage, especially if publicly traded. Between risk management, financial planning, international trade, brand management, and, of course, the most significant factor; people and innovation, it’s challenging to allocate the considerable time, focus, and strategic risk needed to be among the first in a new paradigm.
Now, at almost 15 years past launch, Bitcoin’s resilience has been tested, its foundations solidified, and , alongside legislation, banking infrastructure, and public acceptance, it is time to take a closer look at this incredible innovation and the benefits it can bring to any corporation.
Below are references and links mentioned in the report, along with additional resources to help explore Bitcoin’s role within any organization.
To make sure that you have an excellent grasp of the foundations of what Bitcoin is, I suggest this incredible video of Peter Van Valkenburgh of Coin Centre explaining Bitcoin to the US Congress.
Now let’s examine what some of the larger custodians are saying about how a corporation might approach holding Bitcoin as a treasury asset. Fidelity Asset Managementreleased a report on the topic last year; it’s worth noting that some regulations have since shifted to make it easier than initially suggested. For a more current discussion, you could attend the Strategy B – Bitcoin for Corporations conferencein May 2025. Blackrock’s ETF has experienced significant initial success since its launch and this report they created is a great resource to understand how they are looking at it from an investment perspective. Blackrock’s IBIT is not the only Bitcoin ETF to launch, you can now select from over 30 of them. IBIT is the largest, followed by Greyscale’s GBTC, Fidelity FBTC and Arc Investments ARKB.
Arc Invest recently posted the conversation below. What’s great about this discussion is its mix of insights from industry professionals who are actively building and supporting this process.
In the report, I called for action on how a company can get involved with the Bitcoin ecosystem as an initial step to understand and navigate this new space. Supporting the development and robustness of the open-source ecosystem around Bitcoin is the most significant contribution outside of using the technology itself. Opensats is a leading supporterof the building and engineering community around Bitcoin and NOSTR. You could collaborate with them to create and support a program from start to finish. You can also support Coin Centre, which has been pivotal in shaping legislation and public policy that supports the industry’s future.
In addition to donating you can also support the network directly with bandwidth and by setting up your own mining operations. A 2020 studyby the Cambridge Centre for Alternative Finance (CCAF) found that 29% of the mining surveyed was powered by renewables.It also turns out to be the most profitable method. You can read how Bitcoin mining can help stabilize the energy grid here, and how PayPal’s Blockchain Research Group is investigating ways to make ‘green mining’ easier and more beneficial for participants.