

Solidion Technology Follows MicroStrategy's Playbook, Allocates Bitcoin to Corporate Treasury
Solidion Technology, Inc. (NASDAQ: STI), a leading provider of advanced battery materials, has announced a significant strategic allocation of Bitcoin within its corporate treasury.
Solidion Technology, Inc. (NASDAQ: STI), a leading provider of advanced battery materials, has announced a significant strategic allocation of Bitcoin within its corporate treasury. This move positions Solidion alongside other prominent US companies such as MicroStrategy, Tesla, Block (formerly Square), Semler Scientific, Coinbase, Riot Platforms, and Marathon Digital Holdings, all of which have integrated BTC into their treasury strategies.
In a press release dated November 14, 2024, Solidion Technology detailed its decision to allocate a substantial portion of its excess cash reserves to Bitcoin. The company plans to commit 60% of any excess operational cash to BTC purchases, convert interest earnings from money market accounts into Bitcoin, and designate a portion of future capital raises for long-term BTC acquisitions.
"We believe strongly in Bitcoin’s transformative potential for the financial system, and we see our allocation as both a secure store of value and compelling investment,” said Vlad Prantsevich, CFO of Solidion Technology.
Highlighting the impact of recent regulatory developments, Solidion noted, "With the Security and Exchange Commission’s recent approval of spot BTC ETFs, we’ve already seen significant steps toward institutional acceptance. Furthermore, we anticipate Bitcoin’s next evolution will be widespread adoption as a reserve asset by both sovereign nations and corporations, creating substantial value and long-term upside potential for Bitcoin as it gains further global acceptance.”
Solidion's core business remains focused on developing and commercializing high-capacity silicon anode materials, including non-silane gas-based and graphene-enhanced versions for automakers and energy storage applications. The company boasts an extensive portfolio of over 550 patents, covering innovations in advanced battery technologies.
According to the press release, the decision to incorporate BTC into its treasury strategy aligns with a broader trend of corporate adoption driven by Bitcoin’s reputation as “digital gold” and its potential as an inflation hedge. The election of the Trump administration has further cemented the decision.
“The recent election results have brought significant attention to Bitcoin, with a new administration known for its pro-BTC stance and support for a Strategic Bitcoin Reserve. The potential for favorable regulatory frameworks and increased institutional adoption, highlighted by the recent wave of Bitcoin ETFs, underscores BTC’s value proposition and makes it an ideal asset for corporate treasuries seeking inflation-resistant stores of value,” the company states.
While the majority of the BTC community has applauded the decision by Solidion Technology, some commentators say that it looks “very desperate, but the hail mary might save them.” The STI share price is down -95% year-to-date.
Interestingly, Solidion might try a similar move like Japanese firm Metaplanet. The firm dubbed “Japanese MicroStrategy” lost 98% of its share price from 2006 before announcing its BTC treasury strategy in May this year. Since then, Metaplanet share price is up more than 500%.
At press time, BTC traded at $89,300.
The above is the detailed content of Solidion Technology Follows MicroStrategy's Playbook, Allocates Bitcoin to Corporate Treasury. For more information, please follow other related articles on the PHP Chinese website!

The crypto market is back in the spotlight as tokens across categories rally on fresh macro optimism. Meme coins like Fartcoin are surging, posting triple-digit gains and overtaking long-standing projects like Floki and Dogwifhat.

Crypto doesn't stay quiet for long. One minute, it's all charts and chatter, and the next—it's making headlines again. April's been packed with action.

It’s 2025, and crypto isn’t some niche side gig anymore. It’s in major headlines, on trading floors, and at the center of real conversations about freedom, finance, and innovation.

The crypto market is always in motion, and the question on every trader's mind is what’s next?

The Dogecoin's price rally has heavily been driven by the rising Futures Open Interest (OI). In the past two weeks, Dogecoin's OI surged from around $1.3 billion

Dogecoin (DOGE) price gained 2 percent in the past 24 hours to trade around $0.1814

Despite a slight dip in the last 24 hours, the meme coin remains in a strong weekly uptrend, fueling optimism for a renewed push

A new first-of-its-kind law enacted in North Dakota could shield agrochemical manufacturer Bayer from lawsuits claiming it failed to warn customers

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

SublimeText3 English version
Recommended: Win version, supports code prompts!

VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft

PhpStorm Mac version
The latest (2018.2.1) professional PHP integrated development tool

WebStorm Mac version
Useful JavaScript development tools

Dreamweaver CS6
Visual web development tools
