Daily Observation of Cryptocurrency Concept Stocks: Google Cloud Launches "Node as Treasury," Oracle Restructures On-Chain Accounting Standards

1. Direct "Monetization" of Business Revenue: Alphabet's (GOOGL) Web3 Node Treasury

Yesterday, Google Cloud, a subsidiary of Alphabet (NASDAQ: $GOOGL), disclosed a groundbreaking financial change: the native token rewards obtained from providing RPC node infrastructure for several top public chains globally (such as Solana, Aptos, etc.) will no longer be converted into dollars but will be retained directly as "digital intangible assets" on the company's balance sheet.

This means that Google is exchanging and hoarding crypto assets through "technical labor." Wall Street analysts pointed out yesterday that this "node as treasury" model is extremely clever: it avoids the controversy of using traditional cash flow to buy coins in the secondary market while allowing Google to passively and legally accumulate a large multi-currency Web3 treasury.

2. Lowering the Entry Barrier: Oracle (ORCL) Launches "Native Crypto ERP" Module

Historically, the biggest obstacle preventing Fortune 500 companies in the traditional world from allocating Bitcoin has not been funding, but rather complex accounting compliance and tax bookkeeping. Yesterday, enterprise software giant Oracle (NYSE: $ORCL) broke through this barrier.

Oracle announced yesterday the official launch of the "Crypto Treasury Accounting" module in its core NetSuite ERP system. This module can link to real-time APIs from major exchanges and on-chain addresses, enabling real-time calculation of the fair value of BTC and stablecoins held by enterprises, automatic tax accrual, and one-click generation of compliant financial reports.

Market feedback yesterday was extremely enthusiastic: when Oracle turned complex crypto bookkeeping into a "standardized plugin" within traditional software, thousands of CFOs who had previously been hesitant finally gained the confidence to submit proposals for purchasing coins to their boards.

3. Moving from "Independent Ledgers" to "Business Collaboration"

Based on the movements of tech giants yesterday, the way enterprises hold crypto assets is undergoing a systematic evolution.

In the first quarter, enterprises needed to rely on external investment banks and crypto-native teams to buy coins; however, entering the second quarter, with Oracle's ERP module and Google's cloud ecosystem integration, Bitcoin and digital assets are becoming part of the routine IT architecture and financial systems of modern enterprises.

Infrastructure Dividend Explosion Period

Yesterday's market performance once again confirmed an ironclad rule: in a gold rush, those selling shovels are always the first to benefit. The strong performance of Oracle and State Street Bank's stock prices yesterday indicates that capital is frantically chasing technology and financial infrastructure providers that can "offer crypto compliance entry for traditional enterprises." The second growth curve of the crypto stock market has already passed from "coin buyers" to "enablers."

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Data source: https://bbx.com/ Crypto concept stock information database, compiled based on yesterday's announcements from global listed companies and SEC/TSE disclosure documents.