According to a report by regulated digital asset bank Sygnum, companies such as Strategy (formerly MicroStrategy) that have adopted Bitcoin strategies have greatly expanded institutional demand for Bitcoin, but its increasingly aggressive and leveraged BTC accumulation approach could damage the asset's credibility as a central bank reserve. There are currently 144 companies that have adopted some form of Bitcoin financial strategy, and 114 of them have gone public, including Tether-backed Twenty One, Satoshi Nakamoto, Trump Media (Trump Media), GameStop, and K33, and more recently, they have joined Metaplanet, Semler Companies such as Scientific and KULR have adopted the model pioneered by Strategy's co-founder, Michael Saylor. Analysts at Bernstein (Bernstein) predict that Strategy's and its successors could increase their Bitcoin gold reserves by $330 billion over the next five years, driven by the Trump administration's more pro-crypto stance. As Strategy plans to gradually expand its holdings through a variety of multi-billion dollar financial projects, Sygnum warns that such concentrated holdings lead to systemic vulnerabilities,