Blockstream CEO Adam Back predicts that all companies will eventually adopt Bitcoin as a treasury asset, citing the cryptocurrency's early adoption phase. In an interview with Yahoo Finance, Back highlighted that Bitcoin is in the initial stages of a bull market, driven by increasing institutional participation. He noted that over 200 public companies currently hold Bitcoin to hedge against inflation, despite recent price declines due to macroeconomic factors. Back emphasized that institutional buying remains strong, indicating the market's nascent stage.