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Seeking Alpha ethereum It's not just about bitcoin anymore. Altcoins are drawing more corporate attention Jul 12, 2025 4:05 PM ET | Bitcoin USD (BTC-USD) | Max Gottlich, SA News Editor While bitcoin (BTC-USD) may still dominate the cryptosphere, some firms are making bold bets on altcoin giants like ethereum (ETH-USD) and solana (SOL-USD) - not just for diversification, but as a core part of their overall strategy. On Monday, Bit Digital (BTBT) said it completed its transition to an ether (ETH-USD) treasury strategy, having accumulated 100.6K tokens worth $301.8M at the current ETH price of $3K per coin. The purchases were funded by public equity offer- ings -- borrowing a page from Michael Saylor- founded Strategy's (MSTR) playbook - and the sale of its bitcoin (BIC-USD) holdings.

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