Corporations Rush to Acquire Reserves of BTC, ETH, and SOL

Publicly traded companies are increasingly comfortable creating their own cryptocurrency reserves, with major digital assets like BTC, ETH, and SOL being their preferred choices. Sharplink Gaming closed a deal to build a massive $425 million Ethereum Treasury just yesterday. BTCS also announced the purchase of 1000 ETH, raising its total portfolio to 13,500 Ethereum.

Following today's development, the price of SOL rose 2% to $159. This partnership could allow SOL to close the gap with ETH, as investors will be watching this development closely.

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