DWF Labs Chief Predicts NASDAQ Companies Will Launch Altcoin Acquisition Wave

• NASDAQ firms may soon raise capital to buy altcoins, shifting from Bitcoin-only strategies.
• Companies seek to diversify crypto holdings with Ethereum and Solana gaining strong interest.
• Corporate altcoin adoption could boost prices as firms make long-term treasury allocations.

DWF Labs head Andrei Grachev has predicted a new phase of corporate cryptocurrency adoption, with NASDAQ-listed companies preparing to raise capital specifically for altcoin acquisitions. His recent X post suggests this trend will mark a shift away from the exclusive focus on Bitcoin that has characterized most corporate crypto strategies.

“Season of kind of ‘Strategy’ deals with publicly trading companies stated – we will see a lot of listed companies that will raise funds to buy altcoins,” Grachev wrote. He referred to the MicroStrategy playbook that popularized corporate Bitcoin accumulation. He emphasized this as a “Developing Trend of this cycle,” particularly for NASDAQ-listed companies.

The prediction comes as corporate crypto adoption has largely concentrated on Bitcoin, with companies like Strategy and Tesla leading the charge. However, Grachev’s outlook suggests public companies are ready to diversify beyond BTC into alternative cryptocurrencies.

Corporate Portfolio Diversification Drives Strategy

This potential shift toward altcoins appears to be driven by corporate desires to diversify treasury portfolios and reduce dependence on a single digital asset. While Bitcoin has served as the primary institutional entry point into cryptocurrency markets, altcoins offer different risk-return profiles and ecosystem exposures. Ethereum and Solana are likely to be primary targets for these corporate acquisition strategies, given their established ecosystems and growing institutional appeal.

Some companies have already begun implementing strategies for acquiring altcoins. BTCS, a blockchain-focused publicly traded company, acquired 3,450 ETH for approximately $8.42 million in May 2025. This was purchased at an average price of $2,441 per ETH.

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This acquisition demonstrates how public companies are already transitioning beyond Bitcoin-only strategies to incorporate major altcoins into their treasury management approaches. BTCS’s Ethereum purchase provides exposure to the second-largest cryptocurrency ecosystem and its associated growth potential.

If Grachev’s prediction materializes, increased corporate demand could provide major support for altcoin prices and market capitalizations. Unlike retail investor flows that can be volatile, corporate treasury allocations typically involve longer-term holding strategies that reduce circulating supply. The trend could particularly benefit established altcoins with strong fundamentals, institutional-grade infrastructure, and clear use cases.