DevvStream Makes Bold Pivot: Backs Crypto Treasury With Bitcoin & Solana Dominance
Carbon credit platform shakes up reserves strategy—going all-in on crypto's blue chips.
The Bitcoin Standard, With a SOL Twist
Forget stablecoins and tokenized carbon credits—DevvStream's treasury just got a crypto purist makeover. The blockchain-based environmental fintech firm is now parking its reserves in two assets: Bitcoin (BTC) for store-of-value heft and Solana (SOL) for high-speed yield potential.
Wall Street Won’t Like This
While traditional finance clings to bond ladders and money market funds, DevvStream’s move screams ‘institutional FOMO.’ The timing’s spicy too—BTC just reclaimed $70K, and SOL’s ecosystem is eating Ethereum’s lunch in DeFi transaction volume. (Cue the ‘but the energy usage!’ think pieces.)
The Punchline
Another ‘sustainable’ tech firm hedging against fiat… with assets still deemed ‘speculative’ by the suits. The irony writes itself.