On July 18, Animoca Brands Research released its latest report titled "Altcoin Strategic Reserve", indicating that enterprises acquire cryptocurrency exposure through financial instruments such as convertible bonds and equity issuance, typically aiming to gradually increase cryptocurrency holdings per share. This strategy was initially promoted by companies like MicroStrategy, which holds over 600,000 BTC, using BTC as a tool to hedge against inflation and currency depreciation.
Now, Altcoins have also entered corporate vision. Companies adding assets like BNB, TRX, HYPE, and FET to their balance sheets are providing scarce investment entry points for investors who wish to invest in these tokens but lack convenient channels like spot ETFs.
The stock market has reacted strongly to such news. According to Animoca, companies announcing Altcoin holdings saw an average daily stock price increase of 150%, a weekly increase of 185%, and a monthly increase of 226%. However, these strategies carry significant risks: compared to Bitcoin, Altcoins are typically more volatile, less liquid, and more technologically experimental, potentially amplifying losses during market downturns.
The report suggests that if these tokens are used for staking or other network-based functions, they may enhance the ecosystem's liquidity, security, and legitimacy, potentially making Altcoin reserves a catalyst for broader cryptocurrency adoption.
