Corporate Treasuries Are Flooding Into These Altcoins—Here’s Why
Forget Bitcoin—smart money's diving into altcoins. Corporate balance sheets are quietly stacking Ethereum, Solana, and Cardano like digital Fort Knox reserves.
Why? The yields are juicier than a VC's pitch deck. These aren't your grandma's safe-haven assets—they're high-octane bets on blockchain utility.
Ethereum's eating corporate lunch
With institutional DeFi platforms going live, ETH's becoming the reserve currency of Web3. Treasury teams love those staking rewards—it's like T-bills with extra volatility.
Solana's speed seduces CFOs
When your settlement times beat Wall Street's legacy systems, you get treasury managers' attention. SOL's price swings? Just another Tuesday in crypto.
Cardano's the dark horse
Slow and steady wins the race—until some hedge fund dumps its bags. But with peer-reviewed code and African mobile partnerships, ADA's looking less like a gamble and more like chess.
Of course, none of this matters when the SEC drops another lawsuit. But hey—at least these corporations aren't wasting cash on office snacks anymore.
Altcoins Are Filling Corporate Treasuries
Corporate Bitcoin acquisition has turned into a worldwide phenomenon in the last few months, but this market might be getting saturated.
Instead, various firms have begun turning to altcoins for their treasury strategies, picking a more diverse range of assets. Based on today’s newest reports, ethereum is still a popular choice:
GameSquare has purchased an additional 2,717 of Ethereum for $10 million, increasing treasury holdings to 15,630.07 ETH.
The board also authorized a stock buyback program, funded through net proceeds generated by the onchain yield platform. Onchain yield strategy with… pic.twitter.com/dU4O8eZAKz
Ethereum has risen as a popular corporate investment choice in the last couple of weeks. ETH ETF inflows surpassed Bitcoin-based products in July, and private treasuries are buying tons of the altcoin.
GameSquare committed $200 million over the weekend, and today’s $10 million investment shows a continued high confidence.
Additionally, Bitmine became the world’s largest Ethereum treasury today, holding over $2.9 billion of the asset. The Ether Machine, too, spent $40 million on ETH. All around, enthusiasm for this token is quite high in the corporate world.
Meanwhile, Verb Technology, a Nasdaq-listed firm based in Nevada, announced today a $558 million investment to purchase TON. This is likely the first time a public company has added Toncoin to its corporate treasury.
However, solana is emerging as the new favorite after Bitcoin.
Could Solana Become the New Favorite?
DeFi Development has aimed to become “Solana’s MicroStrategy,” announcing $100 million in investment at the beginning of July, hitting further milestones throughout the month.
Today, it crossed the $200 million threshold, making it a major SOL purchaser. Artelo Biosciences also became the first pharmaceutical firm to build a SOL reserve today, further showing its rise.
1/ Today, we announce that we've grown our holdings by 110,466 $SOL, bringing our total balance to 1,293,562 SOL (~$209M)!
At an average purchase price of $166.61, our SOL Per Share (SPS) has risen by +47% over the past 30 days to 0.0618 SOL.
pic.twitter.com/r6iGThuJPq
While these altcoin corporate treasuries are very impressive, BTC still remains the primary choice for corporate accumulation. Thanks to its bitcoin maximalist approach, MicroStrategy posted over $10 billion in net income in Q2 2025. This is especially impressive because of its massive Q1 losses.
Also, Twenty One Capital is focusing on BTC only, quickly acquiring over $5 billion worth of the token.
All that is to say, altcoins like Ethereum and Solana are certainly building their place in corporate treasuries. For now, however, Bitcoin remains at the top.
This diversification may yet provide valuable market knowledge, especially when seeing which major tokens don’t receive as much investment.
