From Bitcoin To Ethereum: The Rise Of Crypto Treasury Strategies

Key Points

1. MicroStrategy holds about 601,550 bitcoins, valued at over $70 billion, with its stock surging over 3,000% since 2020.

2. Japan’s Metaplanet has accumulated over 16,000 bitcoins, benefiting from tax advantages under Japanese law, with its stock price jumping over 4,000%.

3. Ethereum is gaining corporate interest, with SharpLink Gaming raising $425 million to buy ether, and BitMine Immersion Technologies holding 40–50% of its treasury in ether.

4. The trend is expanding beyond Bitcoin and Ethereum, with companies like Tron Inc. adopting TRX, BNB, and other cryptocurrencies.

5. Risks include potential market bubbles, complex financing structures, and comparisons to the SPAC bubble of 2021, with warnings from analysts like Peter Schiff.