Nasdaq just dropped the hammer on companies that’ve been playing the crypto game.
You know, all those firms stacking Bitcoin, Ethereum, and a cocktail of altcoins like Solana, XRP, or Toncoin on their balance sheets, acting like crypto’s the new office coffee machine, everyone’s gotta have one.
Now? They gotta get the shareholders’ thumbs-up before issuing new shares to buy more crypto.
The big move, but why now?
This ain’t just a belt-and-suspenders kind of thing. Think of it as the boss saying, no more sneaky moves in the back office.
Nasdaq’s seen the rise of crypto treasuries, starting with Michael Saylor’s brave strategy back in 2020, which turned from a big experiment to a full-on trend.
Today, over a hundred companies have Bitcoin as part of their main reserve, and more than 70 are holding Ethereum. But with great power comes great scrutiny.
Michael Saylor’s Strategy still wears the crown, hoarding over 630,000 BTC, recently dropping another $444 million on more Bitcoin, talk about commitment! Corporate Bitcoin holdings now tip the scale at more than one million coins.
Ethereum’s got its champions too, with 4.7 million ETH locked up in company treasuries, including BitMine’s near 1.9 million ETH stash.
But when Nasdaq announced the new shareholder check-in, stocks of several crypto-heavy companies like Strategy and BitMine took a dip. The market didn’t exactly throw a party.
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What’s the big deal with the crypto treasuries?
This new shareholder approval rule slows the hustle a bit. Companies have to lay out their crypto shopping plans to the people who own the shares.
No more surprise buys. Investors get a front-row seat to the risk and the rewards. It’s like getting the green light before someone orders the office espresso machine, everyone wants to know if it’s worth the price.
Experts say this could temporarily put the brakes on the rapid crypto expansion in corporate finance but might boost trust and long-term stability.
The road ahead
The question now is, will other exchanges take a page from Nasdaq’s playbook? The stakes are pretty high.
With billions pouring into crypto treasuries and crypto assets becoming a staple in corporate finance, oversight seems like the boss watching from the corner of the room, making sure the team plays nice.
For investors and companies alike, it’s a moment to pause, plan, and play the game smarter.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: September 7, 2025 • 🕓 Last updated: September 7, 2025
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