"Corporate clients reinvest 22% of average profits into Bitcoin... strong participation from real estate firms"
Suehyeon Lee
Summary
- River said its corporate clients reinvest an average of 22% of their profits into Bitcoin.
- It said that about 15% of real estate firms reinvest part of their profits into Bitcoin.
- It reported that Bitcoin reinvestment is also taking place across various industries, such as gyms, painting and roofing contractors, and religious non-profit organizations.
Bitcoin (BTC) financial services company River said its corporate clients are reinvesting a portion of their profits into Bitcoin.
According to a River report cited by Cointelegraph on the 4th (local time), River's corporate clients reinvest 22% of average profits into Bitcoin, and participation from real estate firms was particularly notable.
Among real estate firms, about 15% of clients reinvest part of their profits into Bitcoin, and the finance, software, and hotel sectors also allocate 8~10%. Interestingly, Bitcoin reinvestment cases are appearing across various industries beyond traditional finance and IT, including gyms, painting and roofing contractors, and religious non-profit organizations.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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