Bitcoin financial services firm River has revealed that its corporate clients are reinvesting an average of 22% of their profits into Bitcoin, highlighting a trend of increasing adoption among businesses. According to River's research analyst Sam Baker, real estate companies are leading the charge, with nearly 15% of their profits being reinvested in Bitcoin. Other sectors, including hotel, financial, and software industries, allocate between 8% and 10% of their profits to the cryptocurrency.
The report also notes that by 2025, River's clients had collectively purchased 84,000 Bitcoins, accounting for about a quarter of total institutional and corporate reserves. Baker suggests that smaller businesses are more inclined to adopt Bitcoin due to fewer barriers, whereas larger companies often avoid the cryptocurrency to steer clear of controversy, resulting in limited adoption within the S&P 500. Additionally, over 40% of companies are investing between 1% and 10% of their profits in Bitcoin.
River Reports 22% of Client Profits Reinvested in Bitcoin
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