What a great video shared yesterday by Coin Bureau about what’s going on with Bitcoin treasuries and a few altcoins that may soon follow suit. For many, the idea of Cardano and Polkadot buying Bitcoin might sound like they’re just copying what companies like MicroStrategy have done. But the truth is, their motivations and methods are totally different – and a bit more strategic than you’d expect.
Over the last year, Bitcoin has become more than just a speculative asset. It’s now seen as a kind of digital reserve – the gold standard of crypto – and even governments and public companies are jumping in. The logic is simple: if you believe Bitcoin is going to keep going up over time, then holding it makes sense. Some companies, like MicroStrategy, have built entire business narratives around Bitcoin holdings, and their stock prices have reacted accordingly.
But what happens when altcoin projects start thinking like corporations? That’s what’s starting to unfold. Both Cardano (ADA) and Polkadot (DOT) have floated ideas about accumulating Bitcoin using their community treasuries. The timing is interesting. Bitcoin is rallying again, and stablecoin ecosystems on other chains are looking for ways to secure long-term value and liquidity. These altcoin projects are now asking: why not hold a bit of BTC too?
However, this isn’t about pumping ADA or DOT directly. Unlike corporate BTC buys, where the goal is usually to inflate stock value or act as an inflation hedge, Cardano and Polkadot seem to be doing this to strengthen their ecosystems. In Cardano’s case, founder Charles Hoskinson recently proposed a decentralized sovereign wealth fund, partially funded by BTC.
The purpose? To support DeFi growth on Cardano and provide some financial cushioning for projects during bear markets. Only a portion of the fund would go into Bitcoin. Most would be used to buy stablecoins and boost liquidity on-chain.
Polkadot, meanwhile, is taking a slower route. Community members have been discussing the idea of gradually buying TBTC – a wrapped version of Bitcoin – using DOT from its treasury. The total value is small for now, around $2 million, but it’s a symbolic shift. Polkadot founder Gavin Wood even mentioned in the past that the treasury should be diversified, including assets like gold, fiat, and BTC.
So, will ADA and DOT moon because of these Bitcoin buys? Not necessarily. In fact, both projects are trying to avoid doing anything that would cause dramatic price moves. They’re approaching this with caution – spreading out token sales, using market makers, and even leveraging DeFi tools to avoid selling their own tokens at all.
This is where things get really interesting. Projects like Cardano could use ADA as collateral to borrow stablecoins, then use those stablecoins to buy BTC. That means they get BTC exposure without selling a single ADA. It’s like a high-level DeFi strategy, and it signals how far crypto governance has evolved.
Read also: NBA Legend Scottie Pippen Lists XRP and Shiba Inu as Top Bull Run Picks
Which Altcoins Are Likely to Announce Bitcoin Treasuries Soon?
| 🪙 Altcoin | 🔍 Indications | 📅 Status |
|---|---|---|
| Cardano (ADA) | Charles Hoskinson announced a $100M sovereign wealth fund to partially invest in BTC | Confirmed – August launch at Rare EVO |
| Polkadot (DOT) | Community proposed using 500K DOT to buy wrapped BTC (tBTC) | Proposal pending final approval |
| Ripple (XRP) | Ripple Labs is rumored to consider treasury diversification | Unconfirmed speculation |
| Cosmos (ATOM) | Some governance members floated treasury diversification | Discussion stage only |
| NEAR Protocol | Recently partnered with DeFi funds – potential for BTC-backed treasury | Rumored in DeFi circles |
So yes, Cardano and Polkadot are buying Bitcoin – but not in the way people expect. They’re not turning into Bitcoin maximalists, and they’re not abandoning their native tokens. Instead, they’re strategically leveraging Bitcoin to future-proof their platforms, attract new capital, and build more resilient ecosystems. Whether or not this pays off in token price is secondary – the real goal seems to be sustainability and strength, especially if another bear market hits.
We’ll likely hear more about these plans at the Rare EVO conference in August, where Cardano is expected to reveal more details about its sovereign wealth fund. Until then, keep an eye on the quiet moves. Because while everyone’s watching for the next memecoin pump, projects like ADA and DOT might be setting the stage for something much bigger.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
