Bitcoin treasury companies, like Strategy, are watched as a barometer of demand, with their activity used to gauge future price movement and momentum.

These treasuries borrow to buy Bitcoin and hold it on balance sheets, which can add volatility; Strategy asserts resilience to 80%–90% downturns, though smaller firms may be less able to withstand stress.

December 2025 could prove pivotal for Bitcoin as institutional flows and treasury buying activity are tracked to determine near-term momentum.

Spot Bitcoin ETFs drew over $100 billion in their first year, signaling strong institutional interest and ease of investing in Bitcoin like a tech stock.

Disclosure: Dominic Basulto holds Bitcoin, and Motley Fool has positions in and recommends Bitcoin, highlighting potential conflicts of interest.

Traditional advisory circles show mixed views, with Motley Fool’s Stock Advisor not listing Bitcoin among its top 10 stocks.

Cautious note on valuing Bitcoin: long-term targets like $20 million per token are highly speculative.

Historically, Bitcoin has delivered strong long-run performance, with high single- to double-digit returns in many years and leadership as a top asset.

Major investment firms diverge on near-term prospects, underscoring the importance of a long-term hold and awareness of risk.

Bitcoin recently retreated from an all-time high near $126,000 to about $85,000, with market sentiment at extreme fear per the Crypto Fear & Greed Index.

Saylor contends that the long-term upside remains intact despite the drop, noting extreme fear in current sentiment.

Saylor projects Bitcoin could reach $21 million over 21 years, implying substantial gains for long-term holders if a 30% CAGR continues.

Historically, Bitcoin has shown about 50% CAGR from 2017 to 2025, with discussions of a path toward $1 million by 2030 based on similar growth mechanisms.