Several companies continue to build Altcoin Treasuries this week, with a focus on Solana and Ethereum in particular. Both of these tokens have intensified corporate interest as the market diversifies.
GamesQuare spent $10 million on ETH today after revealing its $200 million holdings over the weekend, but Bitmine replenished its value of over $2.9 billion. Meanwhile, Sol is gaining popularity among market leaders and new investors.
Altcoins fills the corporate finance ministry
The company’s Bitcoin acquisition has become a global phenomenon in recent months, but this market may be in saturation.
Instead, various companies are beginning to look at Altcoins for their financial strategies, choosing more diverse assets. Based on today’s latest report, Ethereum is still a popular option.
Ethereum has risen as a popular corporate investment option in recent weeks. ETFs ETF inflows surpassed Bitcoin-based products in July, with private finance buying tons of Altcoin.
GamesQuare committed $200 million over the weekend, and today’s $10 million investment shows continued confidence.
Additionally, Bitmine today becomes the world’s largest Ethereum Treasury Department, with assets of over $2.9 billion. Ether machines also spent $40 million on ETH. The enthusiasm for this token is extremely high in the corporate world.
Meanwhile, Verb Technology, a Nevada-based NASDAQ-registered company, today announced a $558 million investment to buy Ton. This is the first time a public company has added toncoin to the Ministry of Corporate Finance.
However, Solana has emerged as a new favorite after Bitcoin.
Can Solana become a new favorite?
Defi Development aims to become “Solana’s MicroStrategy,” which announced its $100 million investment at the beginning of July, hitting even more milestones throughout the month.
Today, it exceeds the $200 million threshold and makes it a major SOL buyer. Artelo Biosciences is also the first pharmaceutical company to build the SOL Reserve today, showing even more upswing.
1/Today we announced that we have grown our Holdings at a SOL of $110,466, bringing our total balance to 1,293,562 SOL (~$209 million)!
The average purchase price was $166.61, and SOL per share (SPS) rose +47% to 0.0618 SOL over the past 30 days.pic.twitter.com/r6igthujpq
– Defi Dev Corp. (DFDV) (@defidevcorp) August 4, 2025
pic.twitter.com/r6igthujpqThese Altcoin Corporate Creasuries are very impressive, but BTC remains the main option for corporate accumulation. Thanks to its Bitcoin Maximalist approach, MicroStrategy recorded net profits of over $10 billion in the second quarter of 2025. This is especially impressive due to the losses in the first quarter.
Twenty One Capital also focuses solely on BTC, quickly winning over $5 billion tokens.
Needless to say, altcoins like Ethereum and Solana certainly hold their place in the corporate Treasury Department. For now, however, Bitcoin remains at the top.
This diversification could still provide valuable market knowledge, especially when looking at which major tokens are not receiving much investment.
These altcoin posts see huge Corporate Treasury investments first appeared in Beincrypto.
