Most crypto treasuries ‘will disappear’ amid bleak 2026 outlook: Execs

Many crypto and Bitcoin treasury companies may go under in 2026 as the model comes under pressure, industry executives tell Cointelegraph.

Digital asset treasury (DAT) companies face a grim future heading into 2026, with shares in many of the largest players sharply down, industry executives say.

“Going into the next year, I think that the outlook for DATs is looking a bit bleak,” Altan Tutar, co-founder and CEO of crypto yield platform MoreMarkets, told Cointelegraph.

Large numbers of crypto treasury companies emerged in 2025 to give Wall Street investors another avenue to access cryptocurrencies. The share prices of many initially shot up as heavyweight investors poured in billions as Bitcoin (BTC) rose to a peak in October, but a broad crypto market decline has since hurt their valuations.

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