Has the story of the crypto treasury DAT come to an end?
We are in the DAT season of ALT (Altcoin) (DAT, “Digital Asset Trust” or “Digital Asset Treasury”, is a publicly traded company strategy that makes the accumulation of digital assets its core and primary business function).
Since BitMine in July 2025, a large number of ALT DAT (Digital Asset Treasury (DAT)) companies have emerged in the market, but they have not yet undergone a real market downturn stress test.
Against this backdrop, on October 10, 2025, the crypto market experienced a historic crash. The prevailing view was that the ALT DAT company’s stock price would fall more drastically than its corresponding token. But was this truly the case? This article will analyze the resilience of ALT DAT before and after this crash by…




