How Crypto Treasury Companies Are Turning to DeFi and TradFi to Juice Yields
Posted August 29, 2025 at 5:01 pm EST.
Every crypto hype cycle has at least one major craze, and this year it appears to be digital asset treasury companies (DATs). These publicly traded entities — which accumulate digital assets as a core balance sheet strategy — have raised almost $22 billion of capital so far this year, according to Blockworks Research, transforming corporate treasuries into leveraged bets on crypto.
Starting in 2019 with MicroStrategy as the first public company to financially engineer its balance sheet to accumulate more Bitcoin, this strategy has been adopted by copycats also purchasing Bitcoin, and others focusing on altcoins such as Ethereum,…
