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1752: "US Companies Forecast to Buy $10.3 Billion in Bitcoin Over Next 18 Months"
Episode 1752

1752: "US Companies Forecast to Buy $10.3 Billion in Bitcoin Over Next 18 Months"

Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia

September 6, 202428m 37s

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Show Notes

A new report from River - a Bitcoin technology and financial services firm—forecasted that some companies in the United States will increase their exposure to Bitcoin over the next 18 months. According to the report, an estimated 10% of US-based companies will likely convert 1.5% of their treasury reserves, or approximately $10.35 billion, to Bitcoin over the next year and a half.

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