CoinGecko reports: Most DAT company stocks experience a sharp decline after a brief surge

Golden Finance reports that since 2020, the rise of so-called “Digital Asset Treasury Companies” (DAT) has seemingly become one of the most representative trends in the Web3 and cryptocurrency industry. CoinGecko pointed out in a report that although most headlines focus mainly on ETFs, meme coins, and the upcoming wave of decentralized finance (DeFi), DAT companies are gradually emerging as a new market participant with significant potential.

According to an in-depth report by CoinGecko, the key points of this ongoing development are as follows:

Public companies are now including crypto assets as part of their reserves, and the unprecedented rise of a strategy seems to further spotlight the so-called “Pure Digital Asset Treasury Companies” (pure business DAT companies).

Since 2020, the number of Digital Asset Treasury Companies (DAT companies) has grown dramatically from just 4 to 142 — with 76 new companies established just this year.

It is reported that by 2025, the investment in DAT companies will reach $42.7 billion, with over 50% of this capital invested since Q3.

Strategy still dominates this emerging field, currently holding approximately $70.7 billion in crypto assets, accounting for about 50% of the total crypto assets held by all DAT companies.

The stocks of DAT companies surged significantly within the first 10 days of listing (or specific cycles), with BitMine experiencing a rise of 3069%, followed by a general correction.