Corporate adoption of crypto in treasury management is on the rise, with the number of public companies holding Bitcoin doubling in the first half of 2025, reaching a total of 244,991 BTC, according to K33 Research. The trend is compared to earlier waves of corporate gold adoption, with companies in limited-access jurisdictions benefiting the most.

The crypto treasury trend has sparked concerns that struggling firms may be using digital assets as a last resort. Windtree Therapeutics recently disclosed a $60 million purchase agreement for its BNB treasury plan, leading to a delisting by Nasdaq for failing to meet bid price requirements. Experts advise monitoring firms’ behavior for signs of short-term share price plays.

While Bitcoin remains the preferred choice for treasuries, firms are starting to explore Ether and select altcoins for staking rewards and collaboration opportunities with blockchain foundations. Ethereum’s hybrid appeal, staking yield, programmability, and compliance-friendly roadmap are attracting forward-looking companies involved in the digital economy.

Read more at CoinTelegraph: Lifeline or Last Resort for Struggling Firms?