{"id":41923,"date":"2025-08-13T10:47:07","date_gmt":"2025-08-13T10:47:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41923"},"modified":"2025-08-13T10:47:07","modified_gmt":"2025-08-13T10:47:07","slug":"whats-going-on-with-crypto-treasuries-tradfis-new-game-explained","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41923","title":{"rendered":"What\u2019s Going On With Crypto Treasuries? TradFi\u2019s New Game Explained"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Gone are the days when crypto was solely the domain of retail investors. With the rise of crypto treasuries, institutions are closely monitoring the industry. Increasingly, public companies in the United States, Europe, and Japan are exploring cryptos like Bitcoin, Ethereum, and Solana and incorporating them into their balance sheets.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Digital Asset Treasury Companies (DATCOs) are redefining how traditional investors, often those preferring equities, gain exposure to burgeoning crypto markets. As of mid-August 2025, the total crypto market stood at over $4 trillion. What\u2019s more? This figure is expected to grow as Wall Street and governments embrace the sector. In the United States, the objective is to regulate crypto, and the enactment of the GENIUS Act into law in July marked a major advancement towards this goal.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"What the crypto-focused GENIUS Act could mean for you\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/aJNMkfdmXww?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">However, as crypto finds adoption and public companies embrace some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\">, are crypto treasuries sustainable? What risks should <\/span><span data-preserver-spaces=\"true\">be considered<\/span><span data-preserver-spaces=\"true\">? Will the industry soar in a straight line to the moon?<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Top Solana Meme Coins to Buy in 2025<\/span><\/a><\/p>\n<h2><span data-preserver-spaces=\"true\">The Rise of Crypto Treasuries<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">When Michael Saylor of MicroStrategy, now Strategy, began buying Bitcoin in 2020, many criticized him. Bitcoin was struggling, and COVID was creating chaos in global financial markets.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It turned out that by buying <a class=\"cpp-widget-coin cpp-widget-99btc\" href=\"https:\/\/99bitcoins.com\/\" target=\"_blank\" rel=\"nofollow sponsored\" data-symbol=\"btc\" data-name=\"Bitcoin\" data-price=\"120060.000000000000000\" data-change=\"1.27\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\">BTC <span style=\"color: #37a72b;\">\u25b21.27%<\/span><\/a> using debt, MicroStrategy acted as a proxy for traditional finance (TradFi) investors seeking indirect crypto exposure. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">When BTC USD and crypto prices surged in 2021, reaching as high as $69,000, the MSTR stock moved in lockstep with BTC, emerging as one of the best-performing securities.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">The 12+ Hottest Crypto Presales to Buy Right Now<\/span><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">Since then, the concept has exploded. A recent Galaxy Digital <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.galaxy.com\/insights\/research\/digital-asset-treasury-companies\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">report<\/span><\/a><span data-preserver-spaces=\"true\"> stated that DATCOs <\/span><span data-preserver-spaces=\"true\">collectively<\/span><span data-preserver-spaces=\"true\"> hold over $100 billion in crypto assets. Most public companies prefer Bitcoin and Ethereum, not even emerging <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">1000X cryptos<\/span><\/a><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to Galaxy Digital, public companies, led by MicroStrategy, hold nearly 800,000 BTC<\/span><span data-preserver-spaces=\"true\">, while<\/span><span data-preserver-spaces=\"true\"> firms opting for ETH hold over 1.3 million ETH. <\/span><span data-preserver-spaces=\"true\">Companies willing to tolerate higher volatility <\/span><span data-preserver-spaces=\"true\">have<\/span> <span data-preserver-spaces=\"true\">exposure<\/span><span data-preserver-spaces=\"true\"> to <span class=\"cpp-widget-coin cpp-widget-99btc\" data-symbol=\"sol\" data-name=\"Solana\" data-price=\"200.912300000000000\" data-change=\"14.81\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\"><img decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/solana-sol-logo-2.svg\" alt=\"sol logo\">SOL <span style=\"color: #37a72b;\">\u25b214.81%<\/span><\/span>, Bittensor, BNB, and even Hyperliquid.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-sol\" data-coin-symbol=\"sol\" data-price-usd=\"SOL Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/solana-sol-logo-2.svg\" alt=\"sol logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Solana<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">SOL<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$108.43B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-689c69db05096\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The appeal of DATCOs lies in their ability to offer investors crypto exposure without directly holding volatile assets. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As Pantera, a crypto venture capital firm, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/panteracapital.com\/blockchain-letter\/dat-value-creation\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">noted<\/span><\/a><span data-preserver-spaces=\"true\"> in a letter, DATCOs can generate yield to grow net asset value per share. DATCOs allow investors to own more of the underlying token over time <\/span><span data-preserver-spaces=\"true\">compared to<\/span><span data-preserver-spaces=\"true\"> holding spot crypto. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This advantage is particularly true for public firms holding tokens of proof-of-stake networks like Solana and BNB, which distribute annual staking yields. <\/span><span data-preserver-spaces=\"true\">Unlike spot crypto ETFs of non-yielding assets like BTC, owning <\/span><span data-preserver-spaces=\"true\">shares of a public company<\/span><span data-preserver-spaces=\"true\"> with crypto exposure translates to higher yields.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Case Studies: Pantera, World Liberty Financial<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Aware of this benefit, Pantera has invested over $300 million in public companies holding crypto on their balance sheets. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These include SharpLink Gaming, which has aggressively acquired ETH, DeFi Development Corp, and BitMine Immersion. BitMine Immersion controls 1.15 million ETH, making it the largest Ethereum treasury in the world. Meanwhile, DeFi Development Corp is <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/defidevcorp.com\/investor?tab=Earnings\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">heavily invested<\/span><\/a><span data-preserver-spaces=\"true\"> in Solana, holding 1.3 million SOL and raising $165 million in July 2025 to buy more SOL.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">World Liberty Financial, owned by the Trump family, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/feeds.issuerdirect.com\/news-release.html\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">plans<\/span><\/a><span data-preserver-spaces=\"true\"> to raise $1.5 billion to buy back its token, WLFI, through ALT5 Sigma. <\/span><span data-preserver-spaces=\"true\">By repurchasing tokens,<\/span><span data-preserver-spaces=\"true\"> World Liberty Financial follows MicroStrategy\u2019s playbook, using a public company to democratize crypto exposure.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Trump Media shares rise after announcing $2 billion bitcoin buy: CNBC Crypto World\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/C_kQIJRlTzs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally,<\/span><span data-preserver-spaces=\"true\"> another Trump company, Trump Media &amp; Technology Group, is pivoting, adding $2 billion in BTC to its balance sheet.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Best Meme Coin ICOs to Invest in 2025<\/span><\/a><\/p>\n<h2><span data-preserver-spaces=\"true\">Are Crypto Treasuries Sustainable?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">As attractive as they are, are crypto treasuries sustainable? Is the DATCO model robust enough to withstand crypto volatility?<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Public companies adding cryptocurrencies like ETH, SOL, and BNB to their balance sheets can earn staking rewards, providing higher yields through non-dilutive returns. DATCOs <\/span><span data-preserver-spaces=\"true\">also<\/span><span data-preserver-spaces=\"true\"> allow traditional investors to gain indirect crypto exposure through familiar equity markets across various jurisdictions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">By integrating crypto, companies can diversify, mitigating risks if their stocks crash.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, DATCOs often trade at a premium<\/span><span data-preserver-spaces=\"true\">, and Galaxy<\/span><span data-preserver-spaces=\"true\"> Digital warns that a collapse in this premium could trigger sharp drawdowns, especially for firms relying on debt to acquire crypto.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, risks remain. Evolving regulations may restrict DATCOs\u2019 ability to operate or raise capital efficiently. High volatility in the crypto market could wipe out treasury values, impacting stock prices and shaking investor confidence. Falling prices could also make it harder for firms to raise capital to buy crypto unless investors <\/span><span data-preserver-spaces=\"true\">have <\/span><span data-preserver-spaces=\"true\">strong<\/span><span data-preserver-spaces=\"true\"> conviction<\/span><span data-preserver-spaces=\"true\"> in the crypto in question.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Crypto Treasuries Sustainable? Public Companies Buying Crypto<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Public companies across the world adding Bitcoin, Ethereum, Solana to their balance sheets<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">MicroStrategy was a pioneer. Began accumulating BTC in 2020<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Staking yields allow public companies to earn more than just holding crypto ETFs<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Question is: Are crypto treasuries sustainable?<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/whats-going-on-with-crypto-treasuries-tradfis-new-game-explained\/\">What\u2019s Going On With Crypto Treasuries? TradFi\u2019s New Game Explained<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gone are the days when crypto was solely the domain of retail investors. With the rise of crypto treasuries, institutions are closely monitoring the industry. Increasingly, public companies in the United States, Europe, and Japan are exploring cryptos like Bitcoin, Ethereum, and Solana and incorporating them into their balance sheets. Digital Asset Treasury Companies (DATCOs) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41923","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41923"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41923\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}