18707717538US Companies Expected to Increase Their Bitcoin Holdings
According to Cointelegraph, a new report from Bitcoin technology and financial services firm River predicts that some US companies will increase their exposure to Bitcoin (BTC) over the next 18 months. The report estimates that around 10% of US-based companies are likely to shift 1.5% of their Treasury holdings, or roughly $10.35 billion, into Bitcoin during this period. River analysts highlighted that traditional corporate treasury strategies, which rely on cash and other short-term cash equivalents, are poor stores of value. These investments can generate modest returns near the federal funds rate, which is currently above 5%. However, even these short-term investments often fail to outperform inflation, reducing the value of the treasury. The report noted that this inflationary erosion has caused Apple, now worth $1 trillion, to lose $15 billion of its Treasury holdings over the past decade.