Corporate Hodling Isn’t a Strategy — It’s a Missed Opportunity
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Digital asset treasuries (DATs) emerged after Strategy made its landmark decision to hold Bitcoin on its balance sheet, creating a treasury now valued at more than $80 billion. Many companies rushed to copy the buy-and-hold model, raising capital simply to accumulate crypto and sit on it, offering shareholders indirect exposure through public markets.But doing nothing with crypto assets is not treasury management — it’s speculation. Betting solely on price appreciation exposes companies to market drawdowns, regulatory classification risks and FX volatility, while contributing nothing to the health of the ecosystem itself. Individuals can hodl; corporations must justify their existence with strategy, return on investment and long-term value creation.
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Treasury needs active management.
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Corporates need yield and purpose.