#ListedCompaniesAltcoinTreasury Listed companies are adopting altcoin treasury strategies, diversifying their reserves beyond Bitcoin. Here are some notable examples ¹:
- *Nano Labs Ltd.*: Committed $500 million to build a BNB-based treasury via zero-coupon convertible notes.
- *Interactive Strength*: Revealed a $500 million facility to acquire Fetch.ai ($FET) tokens, with $55 million already raised via PIPE.
- *Lion Group Holding*: Announced plans for a $600 million multi-asset treasury focused on HYPE, SOL, and SUI.
- *SharpLink Gaming*: Became one of the largest public Ether holders after acquiring 280,706 ETH.
- *Upexi Inc.*: Continues to grow its $SOL treasury, launched in late 2024 to attract crypto-native investors.
- *SOL Strategies Inc.*: Filed to raise up to $725 million for a Solana treasury.
- *Tron Inc.* Secured a $100 million equity investment to fund a TRON ($TRX) token treasury.
These companies are using various methods to fund their crypto treasuries, including
- *Private Investment in Public Equity (PIPE)*: Negotiated transactions with large institutional buyers.
- *At-the-Market (ATM) Equity Sales*: Gradual share sales into the open market.
- *Convertible Notes*: Funding crypto purchases through debt instruments.
The benefits of altcoin treasury strategies include:
- *Diversification*: Spreading investments across multiple assets to reduce risk.
- *Staking rewards*: Earning passive income through proof-of-stake mechanisms.
- *Growth potential*: Capitalizing on the upside potential of altcoins.