Bernstein: Cash-hoarded U.S. small businesses are turning to microstrategy

It has been predicted that small and medium-sized businesses in the US who have accumulated cash may invest in Bitcoin. According to reports, Wall Street investment bank Bernstein has said, "Large US technology companies are
"They have plenty of cash to invest in Bitcoin, but are less likely to actually buy it because a much larger portion of their sales come through mainstream businesses."
However, he added that small and medium-sized enterprises with excess cash are different. "For small and medium-sized enterprises that have a lot of cash, even if their core business is weakening,
"You can take MicroStrategy's Bitcoin buying strategy," he predicted. US software company MicroStrategy currently holds the most Bitcoins by a single company.
"These small and medium-sized businesses are really impressed with how amazing MicroStrategy's performance has been over the last four years and how much they've been able to make from MicroStrategy," Bernstein said.
"We've seen how strategies have weathered downturns," he said, explaining the reason for his analysis.