The "coin stock copycat season" is coming, and the 2025 crypto treasury strategy of listed companies will be reviewed

Original Author: Weilin, PANews

"Copycat season is coming, but it doesn't happen in cryptocurrency, it happens in coin stocks." With the 10-fold rise in the week after the U.S.-listed company SharpLink (SBET) announced its financing to buy ETH, the crypto community ridiculed it, and the popularity of crypto stocks can be seen.

More and more global listed companies are taking the initiative to incorporate crypto assets such as Bitcoin, Ethereum, SOL and XRP into their coffers, whether they are tech giants with a market value of $100 billion or small listed companies that were originally on the edge.

In this article, PANews combed through the listed companies with active crypto positions based on market capitalisation, number of crypto asset holdings, and changes in holdings since 2025, covering multiple industries such as e-commerce, fintech, traditional banking, mining, etc., with the main data from the Bitcoin Treasuries website.

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