US investors choose bitcoin over gold — River

According to a report by River financial company, the number of Americans who own bitcoins has surpassed the number of gold holders. The study showed that 50 million US citizens have purchased bitcoin, while 36.7 million people own gold. The company notes that 14.3% of Americans hold the main cryptocurrency.

Experts concluded that the growing popularity of the crypto is due to the United States' significant superiority in bitcoin-related areas. The country's government controls 65% of the world's public bitcoin reserves, storing 198,000 coins, according to official data. For comparison, the US's share in the world's gold reserves is much lower at 30%.

Large corporations are also showing interest in cryptocurrencies. American firms represent the vast majority of institutional bitcoin owners, accounting for 95% of all companies holding the asset.

The United States also ranks first in terms of the volume of coins mined. Since 2021, local miners have earned $42.6 billion worth of bitcoins.