Altcoin Treasury Stocks Soar: What Investors Need to Know

Several companies, including Eightco Holding, Bitmine Immersion Technologies, and Sharplink Gaming, are buying up altcoins and seeing their stocks surge. This new wave of crypto-proxy stocks could have legs if token prices continue to rise. A crypto market indicator has been signaling a revival in altcoins, which may help their stock treasuries. Bitcoin dominance has fallen, giving altcoins a boost.

Several companies, including Eightco Holdings, Bitmine Immersion Technologies, and Sharplink Gaming, have been actively acquiring altcoins, which has led to a surge in their stock prices. This trend is being driven by a revival in altcoins, as indicated by a crypto market indicator, and a decrease in Bitcoin dominance BitMine Immersion (BMNR) ETH holdings exceed 2.069 million, reigning as the #1 ETH Treasury in the World, 2nd Largest Crypto Treasury Globally^[1]. This new wave of crypto-proxy stocks could have significant legs if token prices continue to rise.

Bitmine Immersion Technologies (BMNR) has been particularly active in this space. As of September 7, 2025, the company's crypto holdings exceeded $9.21 billion, including 2,069,443 ETH tokens Ruvi AI (RUVI) Could Deliver 9900% ROI Sooner Than Expected as Its Utility Token Surpassed Early Binance Coin’s (BNB) Demand Post Phase 2^[2]. This makes BMNR the largest ETH treasury in the world and the second-largest crypto treasury globally. The company's strategic investment into Eightco Holdings Inc. (NASDAQ: OCTO) is a significant move, as Eightco is adopting Worldcoin (WLD) as its primary treasury asset. This investment marks the start of BMNR's "Moonshot" strategy to support innovative projects within the Ethereum ecosystem.

Eightco Holdings, for its part, is adopting a unique strategy by acquiring Worldcoin (WLD) as its primary treasury asset. Worldcoin is an ERC-20 token that captures a zero-knowledge proof of a person's humanity, which could be essential in an increasingly agentic-AI world. This move aligns with Bitmine's goal of backing projects that create value for the Ethereum ecosystem.

Sharplink Gaming, another player in this space, has also seen its stock surge. The company has been focusing on acquiring altcoins to bolster its treasury. While specific details about Sharplink's holdings are not available, the company's focus on altcoins suggests a similar strategy to Bitmine and Eightco.

The decrease in Bitcoin dominance has provided a boost to altcoins, making them more attractive to investors. This trend, combined with the active acquisition of altcoins by companies like Bitmine and Eightco, has driven the surge in stock prices of these crypto-proxy stocks.

As the crypto market continues to evolve, investors should keep a close eye on these companies and the broader trend of altcoins. The potential for significant returns, driven by the rising value of altcoins, makes these stocks an intriguing opportunity for investors looking to capitalize on the crypto boom.

References:
BitMine Immersion (BMNR) ETH holdings exceed 2.069 million, reigning as the #1 ETH Treasury in the World, 2nd Largest Crypto Treasury Globally^[1] Source: BitMine Immersion Technologies, Inc. Press Release, September 8, 2025
Ruvi AI (RUVI) Could Deliver 9900% ROI Sooner Than Expected as Its Utility Token Surpassed Early Binance Coin’s (BNB) Demand Post Phase 2^[2] Source: BitMine Immersion Technologies, Inc. Press Release, September 8, 2025