Bitcoin technology company River predicts that in the next 18 months, approximately 10% of US companies will convert 1.5% of their cash reserves, amounting to about $10.35 billion, into Bitcoin. This shift is driven by the inadequacy of traditional cash and short-term equivalents to keep pace with inflation. The move signifies a growing trend among corporations to adopt Bitcoin as a hedge against inflation and to diversify their financial strategies. Additionally, billionaire hedge fund managers are also making significant investments in Bitcoin, even selling high-performing stocks like Nvidia to do so. The launch of spot Bitcoin ETFs has further fueled this trend, with nearly $20 billion flowing into Bitcoin this year. The River report highlights these developments in 2024.