📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Bitcoin Finds A Corporate Home—Treasuries Now Hold Over $100-B: Study
Related Reading: What Is The FDIC Hiding? Coinbase Demands Crypto Disclosure## Digital Asset Treasury Companies Take Root
According to Galaxy Research’s latest report, a new group of firms—called Digital Asset Treasury Companies or DATCOs—holds nearly 792,000 BTC (about $93 billion) and 1.31 million ETH (about $4 billion).
Those figures add up to nearly 4% of all Bitcoin and 1.1% of Ethereum’s total supply. These companies mix digital coins with cash and maybe gold, staking some ETH to earn more on assets they keep idle.
Corporate Playbooks Shift
Many DATCOs are not just buying and holding. They use at-the-market equity offerings when their stock price trades above net asset value. That lets them turn extra share value into fresh crypto buys.
Some cut deals through private placements or SPAC mergers to pull in funds fast. They report big unrealized gains when markets rally.
A few now sit on billion-dollar paper profits. And newer entrants, like gaming or tech firms, add Layer-1 tokens to boost yield rather than chase only price gains.
But this shift has a dark side. If equity premiums collapse or regulators step in, panic selling could follow. Some DATCOs trade at as much as 10× the value of their on-book crypto. That gap hints at a bubble.
Related Reading: Saylor Clarifies Strategy’s Bitcoin Game Plan: “We’re Not Hoarding It All”### Investor Watchpoints
Reports have disclosed that about 160 public firms together control close to 1 million BTC. More than 35 of those firms each hold over $120 million in digital assets.
Investors should track how much real exposure companies carry, not just what’s on the books. Big swings in token prices could hit stock values hard.
Global markets will be watching if this model keeps growing. Some companies may add stablecoins or other tokens. Others could face tougher accounting rules and calls for clearer disclosures.
US regulators and overseas authorities will ask questions soon. When that happens, the pressure could force companies to rethink large crypto bets.
Featured image from Unsplash, chart from TradingView