The post Sequoia Capital China Buys 10,000 ETH, Classifies Ethereum as Investment Asset and Eyes BTC & SOL appeared on BitcoinEthereumNews.com.

Sequoia Capital China has acquired 10,000 ETH through open-market purchases, according to a Caixin report. The firm said the acquired tokens will be recorded as investment assets on its financial statements, reflecting a formal accounting treatment consistent with institutional portfolio reporting. The company indicated it will continue to increase its allocation to digital assets and evaluate broader portfolio diversification strategies, naming Ethereum alongside potential additions such as BTC and SOL to its strategic reserve. This underscores a measured, multi-asset approach to reserve management rather than speculative accumulation. From a corporate finance perspective, this move affects the firm’s balance sheet, asset allocation and liquidity considerations and will be subject to standard reporting and governance processes outlined in its investment policy. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/sequoia-capital-china-buys-10000-eth-classifies-ethereum-as-investment-asset-and-eyes-btc-sol/

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Filed under: News - @ September 5, 2025 5:28 am