Bitcoin Adoption Grows Among Businesses, River Reports

According to PANews, Bitcoin financial services company River has revealed that its corporate clients are reinvesting an average of 22% of their profits into Bitcoin, indicating a growing grassroots adoption of the cryptocurrency. In a report released on Wednesday, River's research analyst Sam Baker highlighted that real estate companies are the largest adopters among River's clientele, with nearly 15% reinvesting in Bitcoin. Clients from the hospitality, finance, and software sectors allocate between 8% and 10% of their profits to Bitcoin, with even fitness studios joining the trend. Baker noted that by 2025, these types of businesses have acquired 84,000 Bitcoins, accounting for approximately a quarter of the total institutional and corporate reserves source: https://www.binance.com/en/square/post/29214230688938?utm_source=BinanceNewsRSS