CoinShares forecasts boom in Bitcoin yield solutions for 2025
As corporate finance increasingly adopts Bitcoin as a treasury asset, European cryptocurrency investment firm CoinShares anticipates a rise in Bitcoin-yielding solutions in the coming year.
CoinShares released its crypto industry outlook for 2025 on Dec. 11, highlighting crucial factors, such as the far-reaching effects of political shifts in the United States, developments surrounding Solana ( SOL ) and XRP ( XRP ), and more.
One major trend in 2025 will be the anticipated expansion of Bitcoin ( BTC ) yield solutions, which allow users to gain additional value from holding coins.
“This trend reflects a broader recognition of Bitcoin’s potential to serve not only as a store of value but also as a means to generate yields,” CoinShares’ analyst Satish Patel wrote.
Types of Bitcoin yields
CoinShares identified three main types of Bitcoin yields. The first involves the growth of Bitcoin holdings relative to a company’s shares. The second type is yield farming, where returns are generated by lending Bitcoin.
The third strategy leverages derivatives to create income from Bitcoin reserves, Patel noted.
Corporate Bitcoin balances. Source: CoinShares/BitcoinTreasuries.NET
MicroStrategy, one of the world’s largest corporate holders of Bitcoin , introduced its own version of the “BTC Yield” metric to measure the effectiveness of its strategy, Patel said, adding that the company has enabled investors to estimate how BTC acquisitions contribute to shareholder value.
MicroStrategy’s BTC yield is a key performance indicator representing the percentage change of the ratio between its BTC holdings and its assumed diluted shares outstanding. From Jan. 1 to Nov. 10, MicroStrategy’s BTC yield was 26.4%.
Growing crypto payments will lead to more BTC treasury reserves
One important indicator of more Bitcoin treasury reserves coming in 2025 is the growing acceptance of cryptocurrency payments across the world, CoinShares’ Patel said.
“Throughout 2024, several major companies have begun accepting cryptocurrency as payment, suggesting a potential trend toward adopting Bitcoin in their treasury reserves in 2025,” he wrote.
Related: MARA Holdings buys $1.1B more Bitcoin, hits industry-first 50 EH/s
The analyst mentioned that companies like Ferrari started accepting crypto payments in the US in July, while mainstream retailers like AT&T, Whole Foods, Home Depot and AMC Theatres have also been accepting BTC via platforms like BitPay, Flexa and Spedn.
“Whilst e-commerce giants such as Amazon, Shopify, Nike, Expedia, and PayPal are already involved in cryptocurrency, either through payments or investments, and may consider incorporating Bitcoin into their treasuries in 2025,” Patel suggested.
Bitcoin yield-focused solutions have been gaining traction in 2024, with platforms like Core DAO inking partnerships with major industry players like BitGo . With Core’s dual staking solution, BitGo clients can timelock their BTC directly on its custodial platform and get additional yields through staking Core (CORE) tokens.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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