In one of the most aggressive weeks for institutional crypto moves on record, crypto treasury firms earmarked or deployed nearly $8 billion into digital assets. According to Cointelegraph’s review of 16 corporate announcements, this surge marks a massive wave of corporate adoption, particularly targeting Ether (ETH) and a range of high-profile altcoins.
Ethereum Dominates as Corporate Favorite
Ether (ETH) was the top choice among treasury firms, with over $3 billion in commitments from public companies. BTCS Inc. led the charge, filing to raise $2 billion specifically to purchase ETH. Sharplink Gaming, the second-largest Ethereum treasury holder, added $338 million worth of ETH in two separate buys this week.
Also joining the ETH frenzy, The Ether Machine scooped up 15,000 ETH (~$57 million), while biotech firm 180 Life Sciences rebranded as ETHZilla Corporation in a $425 million move to pivot into Ethereum holdings.
ETH saw 45x more demand than issuance this week—a bullish signal for the ecosystem.
Altcoins See Record Institutional Inflows
Beyond ETH, altcoins are gaining serious institutional traction. Justin Sun’s Tron Inc. aims to raise $1 billion to buy TRX, while Canadian vape-turned-BNB fund CEA Industries announced a $1.25 billion plan to acquire Binance-linked BNB tokens.
Other key moves:
- Cemtrex Inc. bought $1M in Solana (SOL), targeting $10M soon.
- Mill City Ventures III completed a $450M pivot to Sui (SUI).
These aggressive shifts highlight altcoins’ growing appeal as treasury assets, especially amid evolving regulatory clarity and adoption in DeFi infrastructure.
Bitcoin Still a Core Asset, But Faces Crowded Trade Risks
Bitcoin remains the cornerstone of crypto treasury holdings, with $2.7 billion in new purchases this week. MicroStrategy (now Strategy) led the charge, acquiring 21,021 BTC using $2.5B from its STRC issuance.
Treasury firms now hold over $100B in crypto—$93B in Bitcoin alone.
However, analysts warn of growing risks. “This trade is getting crowded,” Galaxy’s Will Owens wrote, noting that equity premiums can reverse quickly, undermining the model.
Institutions Double Down, But Risks Rise
This $8B institutional blitz reinforces crypto’s mainstream financial integration. But with so many companies using the same raise-buy-repeat strategy, the market may face structural fragility if crypto prices or investor sentiment suddenly turn.
Still, the week shows one clear takeaway: corporate crypto adoption is not just alive—it’s accelerating.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.