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Tag Archives: Bitcoin News

US Companies Forecast to Buy $10.3 Billion in Bitcoin Over the Next 18 Months

A new report suggests that US companies are expected to purchase $10.3 billion worth of Bitcoin over the next 18 months. This shift is part of a growing trend in corporate treasury strategies, with companies looking for better ways to preserve their wealth amid inflation concerns. Some of the criticisms made by River analysts included that conventional corporate treasury management focused on cash and cash-like instruments lose value in the long run. Still, such investments can guarantee a...

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