According to the latest report from Bitcoin technology company River, about 10% of US companies will convert 1.5% of their cash reserves (about $10.35 billion) into Bitcoin in the next 18 months. The report pointed out that traditional corporate financial strategies rely on cash and short-term equivalents, but these often fail to outperform inflation, resulting in the depreciation of reserves. Since 2020, companies with a 3% allocation of Bitcoin have been better able to withstand inflation. The report also mentioned that Michael Saylor, the founder of MicroStrategy, has increased the company's market value by more than 1,000% through Bitcoin financial strategies, far exceeding Warren Buffett's Berkshire Hathaway's 104.75% growth in the same period. Saylor sees Bitcoin as an "economic immortal" asset for companies, while Buffett refuses to add Bitcoin to his investment portfolio.
Report: U.S. Companies Expect to Purchase $10.3 Billion in Bitcoin in Next 18 Months
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