Recent news has attracted the market's attention: even though the Ethereum staking bill has not yet been passed, publicly listed companies that have already purchased Ether can still earn interest income through staking. This phenomenon has sparked broader reflections.

If we extend this logic, we can speculate that companies like MicroStrategy that hold Bitcoin may also consider staking their held cryptocurrencies to earn additional returns. Similarly, other institutions holding cryptocurrencies, such as BlackRock, might adopt similar strategies. This trend could become a new norm, but its impact may not be as significant as some expect.

It is worth noting that the financing strategies of publicly listed companies are often closely related to stock price trends. When stock prices rise, early investors may choose to cash out and take profits. As for how the income from staking is accounted for in the financial statements, this may depend on the specific terms of the initial investment agreement. In most cases, this income may directly belong to the publicly listed company, which can decide whether to use these funds for further investment or other purposes.

Currently, according to on-chain data, MicroStrategy and BlackRock have not pledged their holdings of Bitcoin and Ether. However, it is still uncertain whether they will adopt a staking strategy in the future. This uncertainty also reflects the dynamic nature of the cryptocurrency market.

As more traditional financial institutions enter the cryptocurrency space, we may see more innovative asset management strategies emerge. This could not only impact the financial condition of individual companies but also have a profound effect on the entire cryptocurrency ecosystem. Investors and market participants should closely monitor the development of this trend to better understand and seize potential investment opportunities and risks.