PayPal's David Knox heads to Hyperion DeFi. | Credit: Photo by Justin Sullivan/Getty Images. Key Takeaways Hyperion is a leading HYPE treasury with over 1.71 million HYPE tokens. Crypto treasury firms are rapidly emerging as a new favorite for institutional investors. BTC, ETH, SOL, and BNB are some of the top crypto picks for digital asset treasury companies. David Knox, a heavyweight from global payments behemoth PayPal, is making an ambitious career move and has become the Chief Financial Offic ...

本报（chinatimes.net.cn）记者赵奕 上海报道 过去一周，以比特币为首的数字资产经历了集体下跌。与此同时，数字资产财库公司（Digital Asset Treasury Companies，下称"DAT"）作为一种新兴的企业财务管理模式也在经历挑战。 自MicroStrategy（现更名为Strategy）率先将比特币纳入资产负债表以来，数字资产财库成为美股市场 新兴"金融炼金术"，众多公司因模拟Strategy模式，股价暴涨数十倍。但好景不长，大部分DAT公司的 股价均在近期遭遇暴跌，其中，Kindly MD与Helius Medical等公司股价跌超90%。与此同时，DAT模式 下资产泡沫、内幕交易等质疑声层出不穷，已经引起美国证券交易委员会（SEC）等监管机构的注意， 并在近日开启调查。 美股综合医疗服务商KindlyMD在与数字资产公司Nakamoto Holdings合并后，专注于打造比特币财库平 台，其股价已从高点跌超90%，如今只剩不到1.5美元。 日本上市公司Metaplanet的股价也较今年达到的历史高点下跌超70%。 对此，香港注册数字资产分析师学会董事、香港Uweb商学院校 ...

Company Establishes Strong Balance Sheet Foundation with TON Treasury Position to Drive Telegram Ecosystem GrowthDOVER, Del., Sept. 25, 2025 (GLOBE NEWSWIRE) -- AlphaTON Capital Corp ("AlphaTON Capital" or the "Company") (Nasdaq: ATON), a specialized digital asset treasury company focused on the Telegram ecosystem, today announced the successful closing of its previously announced financings and the completion of its initial TON token acquisition, establishing a robust treasury foundation and high-profile r ...

Download the Complete Report Here By Rayk Riechmann After tracking the meteoric rise of Digital Asset Treasury (DAT) companies in our June 2025 report, HODL On Tight – The Rise of Public Market Crypto Treasuries, the strategy has boomed with countless companies across industries and geographies embracing it. To help investors spot potential winners, we’ve published an industry update focusing on the most critical indicators to monitor. DAT companies provide regulated, liquid, and transparent access to blo ...

cryptocurrencies including Bitcoin, Ether, and Salana all under pressure this morning. Joining us now is Kyle Sanmani, co-founder and managing partner of Multicoin Capital uh and chairman of Forward Industries. He started investing in Salana back in 2018.Can you uh welcome, good to see you. Uh Kyle, can you explain your the the treasury strategy that people are employing. I I guess with Salana it's similar to what we we've seen with with Michael Sailor or or Ethereum.Yeah. Hey, good morning Joe. Morning Bec ...

Australian fitness company Fitell Corporation has secured a $100 million credit line for its new Solana treasury strategy, with plans to rebrand as ‘Solana Australia Corporation’. According to a September 24 press release, Fitell is pioneering a new approach by becoming Australia’s first Nasdaq-listed institutional holder of Solana. The company will generate returns not only through staking but also through DeFi opportunities, risk management frameworks, and yield innovations. Australia’s First $100M So ...

Korea Blockchain Week 2025 brings big WLFI announcements and the first South Korean Solana treasury on Day 1. Market Overview Ouch! The crypto gods dished out another liver kick this week to investors post-Fed cut, causing Bitcoin to dip $112,800, sliding 3% week-on-week. Altcoins felt the heat too. All this as the industry’s biggest projects converge in Seoul and then Singapore for Korea Blockchain Week and Token2049. Annyeonghaseyo from Seoul—I'm currently attending KBW2025, where Trump-affiliated Wor ...

数字资产国库（DAT）发展趋势 - 数字资产国库竞赛正在机构与投资者中快速蔓延 机构正积极大量收购加密货币[1] - 尽管市场出现17亿美元清算事件 机构仍保持对加密货币的信心并进行大规模投资[1] - 该领域已形成独立行业板块 新加坡Amber International Holding Limited等公司开始为DAT提供基础设施解决方案[4] 企业级加密货币持仓动态 - 资产管理公司Strive收购DAT和Semler Scientific后 其国库将持有10,906枚比特币[2] - BitMine公司将ETH持仓增加至240万枚 价值超过100亿美元 占该代币总供应量2%以上[2] - Fragmetric Labs和DeFi Development Corp通过收购韩国上市公司 推出首个Solana DAT[3] - Helius Medical Technologies首次收购Solana 现持有760,190枚SOL 价值约1.66亿美元[3] 市场表现与资金流向 - 数十亿美元资金流入并未推动加密货币市场显著上涨 市场在48小时清算波动后趋于稳定[5] - 资本大量流入通常带来的上涨动能仍然疲弱[5] - 虽然部分山寨币出现可观反弹 但市场仍在等待美联储主席周三讲话和周五通胀数据[6] 行业规模与偏好 - 本周多家新DAT公司成立或完成首次收购[7] - 上市比特币国库公司合计持有超过103万枚BTC[7] - 比特币、以太坊、Solana和瑞波币是目前DAT最青睐的加密货币[7]

Fiscal Q1 2026 (which began on May 1, 2025 and ended July 31, 2025) included a $500M private placement, fueling BNC’s digital assets treasury transformation. BNC is targeting 1% ownership of BNB’s total supply by year-end 2025.Note: The acquisition of digital assets commenced subsequent to the end of the reporting period for this Fiscal Q1, and these digital assets are not included in the Q1 financials. LOUISVILLE, CO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: BNC), (“BNC” or the “Comp ...

不过，最新的市场动态和信号表明，DAT的融资热潮或已见顶，溢价正在压缩。据The Block的数据，不少DAT的交易价格已处于其资产净值水平甚至更 低。此外，流动性也成为DAT面临的压力点。 数字资产财库公司今年迎来空前融资潮。在吸纳了超过200亿美元的巨额融资之后，行业正迅速从"蓝海"驶向高度内卷的"红海"。随着多数财库公司股价跌 破净资产价值，流动性压力浮现，行业整合的序幕或已拉开。 作为今年加密货币市场最炙手可热的赛道，数字资产财库公司（DAT）迎来空前融资潮：据the Block公布的最新数据显示，DAT公司2025年迄今已融资超过 200亿美元，刷新历史纪录，仅7月单月就达到近100亿美元。 正如见闻此前文章所指出的那样：Coinbase在最新研究报告明确称，轻松赚钱和保证净资产价值（NAV）溢价的时代已经结束。像MicroStrategy这样的先行 者此前享受的显著溢价正在消失，竞争加剧、执行风险增加和监管限制收紧导致净资产价值倍数出现压缩。 而面对挑战，头部的DAT公司正积极寻求差异化策略以求生存，包括增强流动性等，且资金也在转向新的赛道。分析人士指出，在DAT赛道趋于饱和的同 时，资金正在寻找 ...