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"Crypto treasury firms have quickly become a dominant force in the market, fueled by massive fundraising efforts that have brought in tens of billions of dollars. Every treasury firm is different, but they each share the same goal: hoard massive amounts of crypto ASAP.
Obviously, this is all super bullish for the cryptos being accumulated. At some point though, you have to stop and ask, where is all that money actually coming from? And who’s buying the shares of these companies despite the heavy dilution?
Today, we aim to find out. We’ll break down the biggest Digital Asset Treasuries (or “DATs”), uncover how much funding they’ve secured, reveal who gave them that money, and look at their largest shareholders."
~ Coin Bureau
The video discusses the rise of "digital asset treasury companies," which are firms that add cryptocurrencies to their balance sheets. The video explains that these companies, with MicroStrategy as an early example, have been raising billions of dollars through methods like issuing new shares to buy crypto in bulk. The video identifies the largest of these companies by the cryptocurrencies they hold, including Bitcoin, Ethereum, and Solana, and points out that major asset management firms are among their largest shareholders.
The video also notes that these digital asset treasury companies are emerging for other altcoins beyond the major ones. It suggests that this trend is a bullish sign for the crypto market and may offer investors an alternative way to get exposure to cryptocurrencies. However, it also warns of risks, such as potential over-leveraging and forced liquidations during a market downturn.
0:00 Intro
0:32 What Are Crypto Treasury Companies?
3:25 Bitcoin Treasury Companies
7:49 Ethereum Treasury Companies
12:25 Solana Treasury Companies
16:13 Altcoin Treasury Companies
19:21 What This Means For Crypto
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=XY-lcjxTjK4
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
