๐จ *BINANCE SQUARE ALERT* ๐
*Listed Companies Altcoin Treasury Updates* ๐
Several publicly traded companies are accumulating alternative cryptocurrencies (altcoins) as part of their treasury strategies. Here are some notable examples ยน:
*Solana ($SOL) Treasury* ๐ง
- *SOL Strategies*: Raised up to $18.25 million to invest in SOL through convertible notes and credit facilities.
- *Upexi*: Grows its SOL treasury with $270 million in convertible notes and PIPE transactions.
- *Lion Group*: Plans for a $600 million multi-asset treasury focused on SOL, HYPE, and SUI.
- *DeFi Dev Corp*: Committed capital toward SOL, funded via a convertible instrument.
*Ethereum Treasury* ๐ช
- *SharpLink Gaming*: Accumulated 280,706 ETH, becoming the world's largest public Ether holder.
- *The Ether Machine*: Raised $1.67 billion to invest in ETH.
*Other Altcoin Treasuries* ๐
- *$FET*: Interactive Strength committed $500 million to acquire FET tokens, with $55 million already raised.
- *Hyperliquid (HYPE)*: Sonnet BioTherapeutics committed $888 million toward a treasury consisting of 12.6 million HYPE tokens.
- *BNB*: Nano Labs committed $500 million to build a BNB-based treasury via zero-coupon convertible notes.
- *TRON (TRX)*: SRM Entertainment staked 365 million TRX and adopted the ticker TRON.#ListedCompaniesAltcoinTreasury #BTC110KSoon? $ALT