Operating businesses, such as providing blockchain validator services or offering tokenized credit instruments, generate revenue independent of crypto price movements.

Crypto News

Crypto treasury companies are likely to consolidate throughout 2026 as declining asset prices push many firms’ stock values below the worth of the digital assets they hold, according to Wojciech Kaszycki, chief strategy officer at BTCS, a publicly traded crypto infrastructure and treasury company. Kaszycki told Cointelegraph on Feb. 28 that companies generating cash flow from operating businesses are better positioned to acquire or merge with those trading below net asset value (NAV).

Operating businesses, such as providing blockchain validator services or…