A new trend shows public companies are diversifying their treasuries beyond Bitcoin into altcoins. DeFi Development Corp aims to be the “MicroStrategy of Solana” with an aggressive buying strategy. Sui Holdings Group has acquired up to $450 million in SUI tokens for its corporate treasury. A new trend is taking hold in corporate finance: companies are starting to stack high-growth altcoins on their balance sheets, looking for the next MicroStrategy. While Bitcoin remains the dominant choice, and Ethereum sits comfortably in second place, a growing number of firms are now diversifying beyond the big two and making major bets on Sui, Solana, and Hyperliquid . Sui (SUI): From Zero to $450 Million in Corporate Treasuries One of the fastest-growing corporate crypto plays has come from Sui Holdings Group (NASDAQ: SUIG). The company executed a PIPE (private investment in public equity) deal that included as much as $450 million in SUI tokens. Initially reported at $300 million, their position has since expanded, with more room for future purchases. Related: SUI Price Up 2% as Sui and Alibaba Cloud Launch AI Coding Assistant for Move Developers Sui’s appeal… The post Bitcoin Has Company: Solana, Sui, and HYPE Join the Corporate Balance Sheet appeared first on Coin Edition .
