Mars Finance News: River Report Predicts 10% of US Companies to Convert 1.5% of Cash Reserves to Bitcoin

According to a recent report from Bitcoin technology firm River, approximately 10% of US companies are expected to convert 1.5% of their cash reserves, roughly $103.5 billion, to Bitcoin within the next 18 months.

The report highlights that traditional corporate financial strategies rely on cash and short-term equivalents, which often fail to outpace inflation, leading to a devaluation of reserves. Since 2020, companies allocating 3% of their assets to Bitcoin have shown better resilience against inflation.

The report also mentions that MicroStrategy CEO, Michael Saylor, has driven a more than 1000% increase in company market value through a Bitcoin financial strategy, exceeding the 104.75% growth of Warren Buffett's Berkshire Hathaway over the same period. Saylor views Bitcoin as an "economically immortal" asset for businesses, while Buffett has refused to add Bitcoin to his investment portfolio.