Bitcoin-treasury companies have collectively lost roughly $62 billion in fully diluted market value since early October, per Artemis data, with the cohort’s combined valuation falling to about $72 billion from a peak of nearly $134 billion. <\/p>\n
The drawdown has outpaced bitcoin itself, which is down about half from its October high, and reflects the unwinding of the digital-asset treasury, or DAT, premium that drove the sector through 2024 and 2025.<\/p>\n
The cracks are now showing up at the individual company level. Strategy disclosed its first bitcoin sale since 2022 earlier this week, offloading 32 BTC to fund preferred-stock dividend obligations. <\/p>\n
Forward Industries, one of the most aggressive Solana-treasury imitators, deposited 455,784 SOL worth $31.87 million to Coinbase Prime on Friday after a month of dormancy, with its overall SOL position now sitting roughly $1.13 billion underwater at an average cost basis above $230. <\/p>\n
Across the broader cohort, companies are conducting reverse stock splits, restructuring financing arrangements and issuing fresh preferred securities to stay funded.<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin-treasury companies have collectively lost roughly $62 billion in fully diluted market value since early October, per Artemis…\n","protected":false},"author":2,"featured_media":686049,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,282575],"class_list":["post-686048","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-livenews"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/686048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=686048"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/686048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/686049"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=686048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=686048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=686048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}