Digital Asset Treasury Companies Pour $42.7B Into Crypto in 2025, $22.6B Spent in Q3 Alone
BitMine Immersion, Sharplink, and Forward Industries are the only altcoin-focused DATCos among the top 15 holdings.
Digital Asset Treasury Companies (DATCos) have deployed at least $42.7 billion in crypto acquisitions so far in 2025. Interestingly, more than half of that amount was spent in the third quarter alone, when DATCos collectively acquired $22.6 billion worth of digital assets.
Q3 2025 has therefore been the strongest quarter on record for DATCo accumulation.
Bitcoin DATCos Dominate
In its latest analysis, CoinShares revealed that altcoin-focused DATCos represented $10.8 billion of this Q3 spending, or 47.8% of the total. However, despite the rise of altcoin…




