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Corporate Treasuries Commit $7.8 Billion to Crypto Led by Ethereum, Altcoins Gain Traction

Corporate treasury firms have allocated $7.8 billion to digital assets, with Ethereum (ETH) emerging as the primary investment target due to institutional confidence in its ecosystem. Major commitments include billions acquired by firms like BTCS Inc. and Sharplink Gaming, signaling strong long-term conviction in ETH’s growth prospects.

Beyond Ethereum, corporate interest in altcoins is accelerating significantly. Tron Inc. plans a $1 billion acquisition of TRX, CEA Industries targets up to $1.25 billion for Binance Coin (BNB), while Solana (SOL) and SUI attracted $1 million and $450 million respectively. Separately, Strategy (formerly MicroStrategy) expanded its Bitcoin reserves with over 21,000 BTC purchased through a $2.5 billion raise.

Investment allocations span multiple networks with ETH accounting for over $3 billion, BTC totaling $2.7 billion, BNB commitments reaching $1.25 billion, TRX slated for $1 billion, SOL at $1 million, and SUI achieving $450 million. This diversified approach highlights increasing institutional acceptance of alternative cryptocurrencies alongside core holdings.

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