The wave of cryptocurrency hoarding by listed companies has raised market concerns and may affect the price of digital assets
2025-08-08 02:48:10
The rush of public companies turning into coin-buying machines has reached a fever pitch, with executives backing such deals warning of the impact it could have on digital asset prices. Digital Asset Vaults (DAT) plans to raise $79 billion to buy bitcoin in 2025, according to consultancy ArchitectPartners. Market participants fear a sharp reversal in prices could prompt entities to dump counterfeit products, exacerbating the sell-off. Akshat, head of family office Maelstrom, said the collapse of the mega-DAT would trigger a domino effect, leading to the end of the bull market cycle. (Jin Ten)
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