neutral
10h agoCrypto downturn tests balance-sheet heavy treasury strategies
A renewed crypto market slump is pressuring companies that built digital asset treasuries by issuing debt and equity to accumulate tokens. More than 180 public firms now hold crypto, many following the strategy popularized by Michael Saylor’s Strategy. After bitcoin’s sharp October drop, several of these stocks have suffered steep declines as unrealized losses mounted. Investors have sold off both bitcoin and ether-focused treasury firms, suggesting a shakeout phase where only the strongest balance sheets and risk controls may endure.
Finance• By Pooja Kumari
Explore:Mutual Fund Screening
neutral
10h agoCrypto downturn tests balance-sheet heavy treasury strategies
A renewed crypto market slump is pressuring companies that built digital asset treasuries by issuing debt and equity to accumulate tokens. More than 180 public firms now hold crypto, many following the strategy popularized by Michael Saylor’s Strategy. After bitcoin’s sharp October drop, several of these stocks have suffered steep declines as unrealized losses mounted. Investors have sold off both bitcoin and ether-focused treasury firms, suggesting a shakeout phase where only the strongest balance sheets and risk controls may endure.
Finance• By Pooja Kumari
Explore:Mutual Fund Screening
1 min read
81 words
A fresh crypto sell-off is straining digital asset treasury companies, triggering steep stock declines and signaling a potential shakeout among leveraged crypto balance-sheet strategies.
A renewed crypto market slump is pressuring companies that built digital asset treasuries by issuing debt and equity to accumulate tokens. More than 180 public firms now hold crypto, many following the strategy popularized by Michael Saylor’s Strategy. After bitcoin’s sharp October drop, several of these stocks have suffered steep declines as unrealized losses mounted. Investors have sold off both bitcoin and ether-focused treasury firms, suggesting a shakeout phase where only the strongest balance sheets and risk controls may endure.
A renewed crypto market slump is pressuring companies that built digital asset treasuries by issuing debt and equity to accumulate tokens. More than 180 public firms now hold crypto, many following the strategy popularized by Michael Saylor’s Strategy. After bitcoin’s sharp October drop, several of these stocks have suffered steep declines as unrealized losses mounted. Investors have sold off both bitcoin and ether-focused treasury firms, suggesting a shakeout phase where only the strongest balance sheets and risk controls may endure.
Dec 15, 2025 • 08:20