Ethereum News Today: Ethereum Overtakes Bitcoin as Firms Drive Crypto Treasury Surge

The crypto treasury phenomenon has entered a new phase in 2025, with public companies increasingly allocating billions to digital assets as a strategic financial move. From Japanese AI firms to U.S. biotech startups, corporations are leveraging cryptocurrencies to diversify reserves, generate yields, and hedge against macroeconomic volatility. This trend is being driven by a confluence of favorable regulatory signals, institutional-grade infrastructure, and the growing legitimacy of crypto as a corporate asset class.

Quantum Solutions, a Tokyo-based artificial intelligence company, has emerged as a standout player in this space. On October 21, the firm's Hong Kong subsidiary, GPT Pals Studio, acquired 2,000 ETH for $7.85 million, bringing its total holdings to 3,865 ETH, valued at $15.1 million, according to a CoinDesk report. This purchase elevated Quantum Solutions to the 11th-largest Ethereum treasury holder globally and the second-largest outside the U.S., according to CoinGecko data. The company, which has seen a 17% stock surge year-to-date, plans to continue accumulating ether to enhance long-term value, the report said.

In the U.S., Qualigen Therapeutics has taken a similarly bold approach: its stock surged after announcing a BitGo partnership. The biotechnology firm, majority-owned by Faraday Future, partnered with BitGo to deploy a $30 million digital asset treasury. The strategy involves investing in a market-cap-weighted basket of the top 10 cryptocurrencies, excluding stablecoins, through BitGo's regulated cold storage and over-the-counter services. "This partnership allows us to diversify our corporate treasury with digital assets, reflecting our commitment to financial resilience and leadership in the evolving digital economy," said Qualigen Co-CEO Jerry Wang. The move positions Qualigen as one of the first global technology companies to adopt a diversified crypto treasury strategy.

Meanwhile, ENDRA Life Sciences has entered the fray with a focused bet on decentralized finance (DeFi). The Ann Arbor-based medical technology firm allocated $3 million from a $4.9 million private placement to acquire HYPE tokens, the native asset of the Hyperliquid protocol. ENDRA's CEO, Alexander Tokman, emphasized that the purchase aligns with Arca Investment Management's "highest conviction" DeFi holdings and aims to generate yield through staking and options strategies. The HYPE token has surged nearly 10% in recent weeks, fueled by institutional interest and a $1 billion SEC filing by Hyperliquid Strategies, the article noted.

These corporate moves are part of a broader institutional shift toward crypto. Ethereum, in particular, has seen explosive growth in treasury adoption, with U.S. spot Ethereum ETFs attracting over $26.5 billion in inflows this year, Coinotag reported. Layer 2 scaling solutions, stablecoin proliferation, and tokenization are further solidifying Ethereum's role as a backbone for real-world finance. Over 35.7 million ETH—worth $138 billion—is currently staked, hitting all-time highs amid deflationary supply dynamics.

The trend has even upended traditional hierarchy: Ethereum surpassed Bitcoin in Q3 2025 institutional inflows, with $9.6 billion versus Bitcoin's $8.7 billion, according to a Coinfomania report. Analysts attribute this to Ethereum's yield-generating capabilities, regulatory clarity, and corporate adoption. "Ethereum offers a blend of innovation and stability that appeals to institutions," said Zach Friedman, co-founder of Secure Digital Markets.

Looking ahead, the momentum shows no signs of slowing. An analyst predicted Ethereum could hit $18,000 by year-end, driven by stablecoin growth, ETF staking approvals, and corporate treasury demand. Meanwhile, platforms like Cryptomesh are democratizing access to staking, enabling smaller investors to participate in Ethereum's yield ecosystem without the 32 ETH minimum requirement.

As public companies continue to amass crypto treasuries, the lines between traditional finance and digital assets blur. With regulatory frameworks evolving and institutional infrastructure maturing, 2025 may well be remembered as the year crypto became a cornerstone of corporate financial strategy.