Animoca Research: The reserve strategy for altcoins carries significant risks, but can serve as a potential catalyst for promoting large-scale adoption of cryptocurrencies

According to BlockBeats, on July 18th, Animoca Brands Research released its latest report titled "Strategic Reserve of altcoins", stating that companies acquire cryptocurrency exposure through financial instruments such as convertible bonds and equity issuances, typically aimed at gradually increasing their per share cryptocurrency holdings. This strategy was initially promoted by companies such as MicroStrategy, which hold over 600000 bitcoins and use BTC as a tool to hedge against inflation and currency depreciation. Nowadays, counterfeit coins have also entered the vision of enterprises. Companies that add assets such as BNB, TRX, HYPE, and FET to their balance sheets are providing scarce investment opportunities for investors who wish to invest in these tokens but lack convenient channels such as spot ETFs. The stock market reacts strongly to such news. According to Animoca statistics, the average daily increase in stock prices of companies announcing their holdings of altcoins is 150%, with a rise of 185% within a week and a rise of 226% within a month. However, these strategies carry greater risks: compared to Bitcoin, altcoins typically have greater volatility, lower liquidity, stronger technical experimentation, and may amplify losses during market downturns. The report suggests that if these tokens are used for staking or other web-based functions, it could enhance the liquidity, security, and legitimacy of the entire ecosystem, making altcoin reserves a potential catalyst for promoting wider adoption of cryptocurrencies.