Odaily Planet Daily reported that as of now, the cumulative market value of listed companies holding cryptocurrencies has soared to US$160 billion, a significant increase from approximately US$90 billion at the beginning of 2024, marking a new trend for investors to gain crypto exposure through stocks.

This growth over the past six months reflects an overall shift in corporate financial management strategies, with more and more companies viewing digital assets as legitimate balance sheet holdings. As the market adapts to this emerging trend, many companies have seen significant double-digit stock price increases after announcing their allocation to crypto assets. (The Block)