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Fenghuang Finance: In the future, there are also plans to include BTC, SOL, and other assets in the company's strategic reserves

By: theblockbeats.news|2025/09/05 03:01:51

BlockBeats News, September 5th - Sequoia Capital China has accumulated 10,000 ETH in the open market. Sequoia Capital China stated that the purchased ETH will be classified as investment assets in the financial statements. In the future, the company will continue to increase its allocation to digital assets. In addition to Ethereum, it also plans to explore diversifying its strategic reserve assets to include mainstream digital assets such as BTC and SOL. (Caixin)

Due to the "Nasdaq Enhances Cryptocurrency Investment Scrutiny" news, US DAT companies saw a general decline in their stock prices.
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