Companies raising funds for crypto treasuries have defined 2025’s corporate crypto narrative. Firms like Sharps, BitMine, and MicroStrategy are building large-scale holdings in Bitcoin, Ethereum, and Solana through new fundraising efforts.

Sharps Technology Targets $400M Solana Treasury

Nasdaq‑listed Sharps Technology’s stock spiked up to 70% following a $400 million fundraising round meant to create a Solana‑focused treasury. The round, with backing from top crypto investors ParaFi, Pantera, FalconX, CoinFund, and Arrington Capital, offered units at $6.50 with warrants exercisable at $9.75, and is expected to close by August 28. Sharps plans to use most proceeds to acquire SOL tokens, aided by Solana Foundation’s conditional commitment to sell $50 million in SOL at a 15% discount to the 30‑day weighted average price. Jambo co‑founder Alice Zhang has joined as CIO and board member.

Meanwhile, larger players such as Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly seeking to raise $1 billion to build a Solana treasury, potentially via the buyout of a listed firm, with Cantor Fitzgerald tapped as lead banker. DeFi Development (DFDV) also unveiled plans to raise $125 million through equity to grow its SOL holdings.

BitMine’s Massive ETH Fundraising Push

BitMine Immersion Technologies, led by Tom Lee, has been aggressively scaling its 이더리움 금고. The firm recently added over 190,500 ETH, bringing its total holdings to approximately 1.71 million, valued at nearly $7.9 billion, while holding $562 million in cash for further accumulation. At its peak, BitMine’s combined crypto and cash reserves hit $8.8 billion before market slippage.

The company has filed to raise up to $20 billion through stock offerings to drive further ETH acquisition, with a strategic goal of obtaining 5% of the total Ethereum supply. Its NAV per share surged from $22.84 on July 27 to $39.84 by August 24, driven by institutional investor interest and impressive stock liquidity, averaging $2.8 billion in daily trading volume.

ETHZilla Follows with Buyback Strategy

In a parallel move, ETHZilla, formerly 180 Life Sciences, announced a $250 million stock buyback while continuing to expand its 이더리움 holdings. The company now owns 102,237 ETH (valued at about $489 million) and stacks $215 million in stablecoins. The rebrand and repurposing signal a shift toward becoming an Ether accumulation vehicle, backed by names like Peter Thiel. The share buyback underscores its commitment to returning value to investors while reinforcing its treasury strategy.

또한 읽기 : 암호화폐 네이티브 재무부의 부상

MicroStrategy Continues Bitcoin 축적

마이크로스트레티지(MicroStrategy)는 Bitcoin추가 another $356.9 million worth of BTC during the week ending Sunday, according to a filing with the U.S. Securities and Exchange Commission. The company acquired 3,081 BTC at an average price of $115,829 per coin as the market slipped to $112,000.

This latest purchase brings the firm’s total holdings to 632,457 BTC, accumulated at an average cost of $73,527 per coin for a total spend of $46.5 billion. The August additions, 3,666 BTC in total, represent a smaller monthly tally compared with previous months, following 31,466 BTC purchased in July and 17,075 BTC in June.

Trump-Affiliated Moves to Back New Token Assets

Business models akin to crypto treasuries have also appeared in token ventures tied to political figures. World Liberty Financial (WLF), a 훌륭한 사람‑supported entity, orchestrated a $1.5 billion crypto treasury by purchasing shares in Nasdaq‑listed ALT5 Sigma Corporation. The deal gives ALT5 exposure to WLFI tokens, about 7.5% of the token supply, with Eric Trump joining its board. WLFI is shifting from governance‑only to tradable tokens, necessitating treasury support to stabilize value. This mirrors the financing models used by corporate treasury firms.

Separately, American Bitcoin, backed by Donald Trump Jr. and Eric Trump, is seeking acquisitions in Asia to build a bitcoin accumulation platform ahead of its U.S. public listing via reverse merger. It plans to replicate Strategy’s treasury model by deploying BTC reserves as a proxy investment vehicle.

미래를 내다보다

In 2025, the narrative has shifted from theoretical interest in crypto treasuries to tangible corporate action: major companies are raising billions through equity and buybacks to build public-facing digital asset reserves. Whether it’s Solana via Sharps, Ethereum through BitMine and ETHZilla, or newer tokens backed by political figures, each initiative shows how firms are forging new paths in treasury management. Though market risks remain, the momentum in fundraising and strategic capital deployment marks a significant turning point in corporate finance.