Crypto Treasury Companies Brace for a Tough 2026

[madtrader]

Digital asset treasury (DAT) companies are facing a grim outlook heading into 2026, with shares of many leading players sharply down, industry insiders warn.

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

2025 saw a surge of crypto treasury companies targeting Wall Street investors, with valuations initially soaring alongside Bitcoin’s October peak. But a broader market decline has since eroded much of that value.

Tutar predicts a dramatic shakeout in the sector, with altcoin-focused treasuries likely to disappear first. Even major Bitcoin, Ethereum, and Solana treasuries could struggle if they fail to maintain market value above their crypto holdings.

The companies that survive, he notes, will be those offering more than just crypto accumulation, such as delivering consistent returns to stakeholders.

[bonk]

they are getting trashed lately, some suspicious desicions made them meme