Crypto ownership of stock market companies doubles to $ 160 billion-how long will this continue?

Listed companies now have more than 160 billion dollars in crypto-assets. This growth was driven by the recent rise in price of Bitcoin (BTC) above $ 120,000 and the rapid advance of Ethereum (ETH). But the rapid growth also raises questions about the shelf life of this trend in an uncertain macro-economic environment.

BTC remains dominant, but Eth and Sol are gaining ground

The joint value of crypto possessions of stock market companies rose from 74 billion to 160 billion dollars between April and July. The vast majority of this, $ 147 billion, can be attributed to BTC, where companies such as Strategy and Metaplanet are paramount.

The increase follows the strategy of Strategy founder Michael Saylor, whose company now has 28 billion dollars unrealized profit on its BTC position. Since then, more and more exhibition companies have started using BTC as a hedge against inflation and national debt, with the aim of retaining shareholders’ value.

At the same time, a shift to ETH is visible in the second quarter. The increased interest is related to the rise of stablecoins and tokenization. Bitmine Immersion Technologies, led by Tom Lee, now has 625,000 ETH, worth more than 2.4 billion dollars. Sharplink Gaming and The Ether Machine also invested 1.68 billion and 1.28 billion dollars in ETH respectively.

In total, stock market companies, web3 firms and ETFs now own around 2.8 million ETH, good for around 10 billion dollars. Of these, $ 6.3 billion can be attributed to stock market companies, a slight decrease compared to the previous quarter.

Sol-Selang is growing, focus on returns through a strike

Solana (SOL) also quietly gains popularity among companies. Defi Development Corp, Upexi and SOL strategies jointly invested for 1 billion dollars in Solana. This keeps Sol far behind ETH and BTC, but the trend points to increasing interest.

In contrast to BTC investors, who mainly focus on long-term value storage, companies with ETH and SOL positions focus on returns through strike and future applications in the tokenization market. These different strategies reflect different risk profiles and goals.

Despite the sharp increase in crypto treasuries in the second quarter, the question remains whether this trend can continue in the third quarter. Increasing macro-economic uncertainty and volatility in the financial markets can play a crucial role in this.

For the time being it is not possible to say with certainty whether companies will continue to take such risks. But in the event that the cryptocycles continue for a while, this trend will most likely continue.