Bitcoin New High at $118K! Check Top Crypto Reserve Companies!

Tiger_comments
07-11

Bitcoin hits new all-time high today, reaching $118K!

Other cryptocurrencies like ETH and SOL also jumped 7% and 5% in a single day.

Some believe this new high opens up further upside potential, as a Golden Cross has appeared. Historically, when a Golden Cross emerged, prices surged by 100% to even 1000%!

2016: +139%

2017: +2200%

2020: +1190%

2025 is next…

However, since Bitcoin is now so expensive and investing in cryptocurrencies is less convenient than investing in U.S. stocks, many investors prefer crypto-related equities.

Let’s take a look at companies now holding cryptocurrencies as part of their reserves.

There is now a growing trend of accumulating ETH and SOL.

1. $SharpLink Gaming(SBET)$ has purchased an additional 5,072 ETH, worth approximately $13.51 million.

SBET now holds over 222,000 ETH, worth about $666 million, and its stock surged 8% yesterday.

2. $Bit Digital, Inc.(BTBT)$ sold 280 BTC and raised $172 million to fully convert its treasury to Ethereum.

It now holds over 100,000 ETH, becoming one of the largest public company ETH holders globally.

3. $BIT Mining(BTCM)$ said it would convert its crypto reserves into SOL and raise $200–$300 million for its Solana strategy. The stock jumped 154% yesterday.

4. $DeFi Dev(DFDV)$ revealed it has increased its SOL holdings by 153,225 tokens. DFDV now holds 846,630 SOL, worth around $139 million.

Do you think these companies shifting toward holding ETH and SOL are making the right move?

Or do you still trust the industry giants like MSTR and COIN more?

Would you prefer to invest in crypto ETFs, or in these forward-looking companies?

Which company do you think will be the next to add crypto to its reserves?

REWARDS

  • All valid comments will receive 5 Tiger Coins (5-50 coins; depend on comment qualit; lucky tiger can get 66 or 88 coins)

  • Tag your friends to win another 5 Tiger Coins

  • Every day, one lucky comment will be randomly selected to receive 66 Tiger Coins! Join the discussion now~

Join our topic and post directly or leave your comments to win tiger coins~

Plus, you can stand a chance to get 100 tiger coins & $5 stock vouchers. Event detail to click:🏆 Topic Awards Revealed! Fierce Competition: Did YOU Make the List?

# What Should You Watch When Investing in Crypto Stocks?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（22）

  • Top
  • Latest
  • highhand
    ·07-11
    ETH will out perform BTC short term. Get more ETH
    Reply
    Report
  • ECLC
    ·07-12
    Potential next new high but also higher risk to chase up since missed start at low base.
    Reply
    Report
  • ZhongRenChun
    ·07-12
    $T-Rex 2X Long MSTR Daily Target ETF(MSTU)$ gives excellent exposure to bitcoin with leverage.
    Reply
    Report
  • TheStrategist
    ·07-11
    All in on Solana man
    Reply
    Report
  • Michane
    ·07-12
    @LWKJKK @LuckyJiajia @.nameless @Jiefund @DiAngel check this out & comment to join!
    Reply
    Report
  • Shyon
    ·07-11
    TOP
    I think the move by companies like SBET, BTBT, BTCM, and DFDV into ETH and SOL is bold but strategic. While Bitcoin is still the gold standard, Ethereum and Solana have real utility in DeFi and smart contracts, making them strong long-term plays. These firms are trying to position themselves ahead of the next big crypto wave, not just following the crowd.

    That said, I still trust giants like MSTR and COIN more. MSTR's focus on Bitcoin has paid off, and COIN gives broader exposure to the crypto space with less risk. They're more stable and proven, especially in volatile markets, so I view them as safer choices for steady crypto-linked gains.

    Personally, I prefer a balanced mix. Crypto ETFs offer easy exposure without technical hassles, while forward-looking companies like BTCM or DFDV could offer big upside. As for who’s next, I wouldn’t be surprised if fintech names like Block (SQ) or Robinhood (HOOD) start adding ETH or SOL to their reserves soon.
    @Tiger_comments @TigerStars

    Reply
    Report
    Fold Replies
  • Michane
    ·07-12
    Haven't been observing BTC for awhile already, now look at this digital gold's sudden jump from 1 July. One of the ways the rich get richer [Gosh]
    Reply
    Report
  • AN88
    ·07-12
    will rather invest in the forward looking companies
    Reply
    Report
  • MHh
    ·07-12
    I think these companies shifting towards ETH and SOL is a smart move. When bitcoin rises, the other cryptocurrencies should also rise along. I believe this is just a matter of time and the value of these companies and their stock will rise along. I think this is just a strategy by these companies to increase their worth. As a retail investor, I prefer MSTR and COIN as these are closer to investing in cryptocurrency than those companies. These companies have other businesses not directly related to cryptocurrency unless they allow the use of cryptocurrency as a form of payment. I would prefer to invest in companies with sound business model whose assets would not be subjected to the volatility of cryptocurrency. I would love to see ETFs for cryptocurrency to allow retail investors to invest it like stocks. There is no telling which companies would accumulate cryptocurrency but those who are pro crypto like musk and trump might see Tesla and DJT accumulating.
    Reply
    Report
    Fold Replies
  • Success88
    ·07-12
    I still don't dare to buy Bitcoin is way too high 😅
    Reply
    Report
  • Barcode
    ·07-13
    TOP
    Bitcoin is pressing beneath $120K with RSI(6) at 78.9 and MACD climbing steadily. The AO cycle model just triggered its fourth historical bull run signal, matching setups seen in 2013, 2017, and 2021. Price structure is intact, momentum is expanding, and institutional alignment is stronger than ever. Ethereum reclaimed all major weekly MAs at $2,916, with RSI rising and MACD printing green for a sixth week in a row. SBET holds 198K ETH and completed a 10K OTC deal with the Ethereum Foundation. BTBT sold BTC to accumulate over 100K ETH. BTCT launched an ETH reserve, and DFDV is staking its treasury on-chain. These firms are not just holding assets, they are deploying capital into yield-generating strategies. MSTR and COIN still anchor BTC exposure, but ETH and SOL-linked companies are innovating financial utility. I prefer a dual strategy: ETFs like IBIT and ETHA for liquidity, plus allocation to companies integrating crypto directly into operations and balance sheet models.
    Reply
    Report
  • Star in the Sky
    ·07-13
    I will take this opportunity to unlock my profit. Will patiently wait for next big dip to fish the " coins" again.
    Reply
    Report
  • ZhongRenChun
    ·07-14
    $T-Rex 2X Long MSTR Daily Target ETF(MSTU)$ is the best bitcoin leverage etf to buy.
    Reply
    Report
  • ELI_59
    ·07-14
    Oh shucks! I should have bought bitcoins and then I could make some money 😂
    @Shyon @Nick2862 @Nick2862
    Reply
    Report
    Fold Replies
    • Shyon: 
      Haha you should!
      07-14
      Reply
      Report
  • WanEH
    ·07-15
    我觉得这些公司很有远见和勇气，可以看到虚拟货币是未来的趋势，大胆买入。
    Reply
    Report
  • koolgal
    ·07-14
    🌟🌟🌟A good way to have Ethereum exposure is to invest in Spot Ethereum ETFs.  The SEC has approved Ethereum ETFs in May 2024 and trading began in July 2024. 

    I like $iShares Ethereum Trust ETF(ETHA)$ which is the largest Spot Ethereum ETF as it is managed by BlackRock under their iShares brand.  The current AUM is USD 300.9 million.  It is currently up 17% in the past week but still down 13% year todate.

    ETHA can be part of a diversified portfolio alongside Bitcoin ETF, Index ETFs like $SPDR Portfolio S&P 500 ETF(SPLG)$.  It is much easier than holding Ethereum per se without the hassle of managing wallets or private keys.

    @Tiger_comments @TigerStars @Tiger_SG @CaptainTiger @TigerClub

    Reply
    Report
  • koolgal
    ·07-14
    🌟🌟🌟It is not surprising that Ethereum is gaining in popularity as it is still the most widely adopted smart contract platform used by developers, institutions and enterprises.

    Ethereum's versatility makes it a backbone for Finance where it is used in tokenised bonds, stablecoins and DeFi platforms.

    However it is important to note that Ethereum is more volatile than Bitcoin in Bear markets.   While Bitcoin is the digital gold, Ethereum offers innovation and upside.  Holding both can balance exposure to macro resilience and Web3 growth.

    @Tiger_comments @TigerStars @Tiger_SG @CaptainTiger

    Reply
    Report
  • MichaelPerez
    ·07-11
    Wow, Bitcoin breaking records! 🚀 [Great]
    Reply
    Report
  • LeeTed
    ·07-11
    Wow, bullish times
    Reply
    Report
  • Tardwithextramoney
    ·07-28
    Hmmm
    Reply
    Report