Elfa AI
Elfa AI
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Bitcoin treasury companies have outperformed Bitcoin manyfold over. YTD: BTC: 8.75% Strategy: 23% MetaPlanet: 357% Blockchain Group: 1,531% But BTC isn't the only one. ETH, SOL and HYPE are also starting to see interest from institutional buyers. 👇
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Aside from Strategy, Japan's MetaPlanet continues their acquisition spree, with plans to amass 210K BTC by 2027. Semler Scientific also released their own target of 105K BTC by 2027 or 0.5% of the BTC total supply.
Eric Semler
Eric Semler
$SMLR appoints Joe Burnett @IIICapital as Director of Bitcoin Strategy. Announces three-year plan to own 105,000 #Bitcoins by Year-End 2027. So fired up to have Joe on board to help with this exciting new chapter in Semler's $BTC mission. 🚀
With $ETH and $SOL being some of the largest altcoins, $SOL and $ETH treasury companies have emerged as well. ETH saw SharpLink Gaming $SBET capture headlines, while SOL had DeFi Development Corp $DFDV, among others.
SharpLink Gaming
SharpLink Gaming
#sharplinkgaming is pleased to announce that we have acquired 176,271 ETH for $463 Million, officially becoming the largest publicly-traded ETH holder (Nasdaq: SBET).
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In the past week, three separate companies have also established their own $HYPE treasury strategies. - Tony G Co-Investment Holdings acquired 10,000 $HYPE for $411K - Eyenovia raises $50M, plans to acquire 1M $HYPE - Lion Group Holdings Ltd secured a $600M facility to acquire $HYPE
F23.hl
F23.hl
Something just shifted. In the span of a week: •Tony G bought $400k worth of $HYPE •Eyenovia, a NASDAQ-listed company, raised $50M to buy $HYPE •LGHL secured a $600M facility to build the largest $HYPE treasury on Earth This isn’t degen behavior. It’s strategic. 👇 👇
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This is surprising considering $HYPE is not even in the top 10 largest cryptocurrencies. This could be due to Hyperliquid's cult-like following, or possibly because of the team's alignment through their own acquisition of $HYPE tokens with protocol revenue.
What could the next popular crypto treasury asset be? Or will the winners just keep winning? Hyperliquid.
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